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Donald Trump: “With 100% expensing for new investments, we're cutting taxes…”

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

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President Donald Trump's Independence Day Speech Celebrating Military Achievements and Economic Growth

Published | Video Starts at 32:08

You're not going to have to go borrow money. Your parents pass away and the farm goes into the bank's hands and gets foreclosed. That's not going to happen. And With 100% expensing for new investments, we're cutting taxes for every manufacturer who builds, expands. And we have expansion at the highest level that we've ever had. We have hundreds of factories, including car plants and AI. It's coming into our country at levels that we've never seen. (32:08–32:16)

CLAIM

Asserts that there is 100% expensing for new investments, cutting taxes for manufacturers.

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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