Trump to propose making car loan interest fully tax-deductible

Source: fortune

3 Comments

  1. “This will stimulate massive domestic auto production, and make car ownership dramatically more affordable for millions of working American families,” the former president is expected to say at the Economic Club in Detroit, according to prepared remarks.
    Trump will also pledge to stop Chinese-made autonomous vehicles from operating on American roads — a policy poised to benefit billionaire backer Elon Musk, the head of [Tesla](https://fortune.com/company/tesla/) Inc., who is competing with the same technology. 

  2. semicoloradonative on

    Don’t fool yourself. This is another wealth transfer from the poor to the rich.

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