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Donald Trump: “The biggest thing I've done for business and Jobs is…”

Featuring: Donald Trump, Republican | President of the United States | National

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LIVE: President Trump delivers remarks at the U.S.-Saudi Investment Forum

Published | Video Starts at 42:34

I think that's going to be an unbelievable boon to car sales. I think it's one of the biggest things and we'll see, but I think it's going to be. And The biggest thing I've done for business and Jobs is deductibility. Where all of that money that you're spending 100%, think of it expensing for all new equipment purchases, factory construction, including structure, every single thing you're allowed to deduct, expensing one year. And that's what made our first tax bill in my opinion, more than anything else, bringing your money back in. We have that. We have everything. (42:34–42:56)

CLAIM

Asserts that deductibility for new equipment and factory construction is a major policy achievement.

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.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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