|
To receive daily emails from Breaking Christian News to your inbox CLICK HERE
Trump Announces New Tax Proposal, and It's Pretty AwesomeSince the auto sector is such a vital part of the economy, particularly in places like Michigan, this policy could be a game-changer for both consumers and manufacturers.
"Today, I am announcing that as part of our tax cuts, we will make interest on car loans fully deductible," he said. In a classic Trump fashion, he connected with the auto industry professionals in the room, noting that the idea even impressed industry veterans. "I met a lot of them backstage," Trump recounted. According to Trump, one longtime auto industry professional told him, "I've been in the car industry all my life. I've never thought about that." The former president compared the proposal to a breakthrough like the invention of the paper clip, adding, "Somebody comes up with the paper clip, and everybody says, 'Why the Hell didn't I think of that?'" Trump emphasized that making car loan interest fully deductible would dramatically lower the cost of car ownership, especially for working families. "This will stimulate massive domestic auto production and make car ownership dramatically more affordable for millions and millions of working American families," he explained. The idea behind this tax cut is simple but impactful. By making interest payments on car loans deductible, Trump aims to give a financial break to Americans while encouraging more car sales and stimulating the auto industry. Since the auto sector is such a vital part of the economy, particularly in places like Michigan, this policy could be a game-changer for both consumers and manufacturers. "This is going to revolutionize your industry," Trump declared to the approval of the audience. "Who likes that idea? Isn't that great?"... Subscribe for free to Breaking Christian News here Continue reading, and watch the video clip Here.
To receive daily emails from Breaking Christian News to your inbox CLICK HERE
Other Recent Articles from Breaking Christian News 'We Sensed the Hand of God': Group of Christians Experience Divine Protection from Iran's Missiles Group That Sets Agenda for 130K School Counselors Pushes Woke Program Over a Dozen Christian leaders urge Trump to Protect Afghan Christians from Deportation House Narrowly Passes Legislation to Deport Illegal Immigrants Participating in Welfare Fraud Report: FBI Has Been Investigating Joe Kent for Months over Classified Leak Allegations Iran's Islamic Regime Executes Iranian Champion Wrestler in 'Barbaric' Public Hanging amid War Saudis Unite Arab World against Iran's Regime: Trust 'Has Completely Been Shattered' Europe Finally Steps Up, Backs US in the Strait of Hormuz Joe Rogan: 'I'm Fascinated by the Story of Jesus Christ' [Video] Politicians Called It a 'Chemtrail Conspiracy.' The CIA's Own Files Just Proved Them Wrong Scotland's Parliament Votes against Assisted Suicide in Pro-Life Victory Iran's Islamic Regime Shows That It Is Truly Evil and Must Be Stopped Amid War and Persecution, Iran's Christian Community Quietly Grows Senate Opens Debate on SAVE America Act 'Mercy Triumphs Over Judgment': Charges Dropped Against Teen Who Tragically Ran Over Teacher Ecuador's Daniel Noboa Cracks Down on Crime, and We're All Better Off For It More Than 300 Iranians Apprehended by Border Patrol Under Trump; Center Square Exclusive Thousands of Texans Call on Congress to Stop Big Bend Border Wall Construction Search the Articles Archives |
All articles on this site and emails from BCN are copyrighted property of Breaking Christian News. Permission is given to link to, or share a BCN story if proper attribution is given to both the original writer and summarizer of the story. Breaking Christian News 2005-2019. All Rights Reserved.
Breaking Christian News is a division of Elijah List Publications, Inc. All Rights Reserved
Disclaimer: Articles and links, as well as the source articles linked to; do not necessarily reflect the opinion of Breaking Christian News.
| Home | Store | Subscribe | Facebook | Article Archive |