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Donald Trump: “We made interest payments on auto loans fully tax deductible. First time it's ever happened.”

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

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President Trump Participates in a Site Visit, Oct. 1, 2026

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No tax on overtime. You got to like. You got to like the Republicans. No tax on Social Security for our great seniors. And we did something. We made interest payments on auto loans fully tax deductible. First time it's ever happened. It's having a huge impact. So when I took office, we inherited the worst border in American history. And now we have the strongest border in our country's history. (58:04–58:11)

STATEMENT

Asserts that interest payments on auto loans are fully tax deductible for the first time.

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