And it's no tax on tips and no tax on Social Security and very importantly, no tax on overtime. You work overtime, there's no tax. That's among the things that add up to the biggest tax cut in history. One other thing, you know, you hear about rich people with deductions. Well, when you buy your car and you borrow money, you're allowed to now deduct the interest on that loan. (07:16–07:22)
CLAIM
Asserts that the proposed tax changes will result in the biggest tax cut in history.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.