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Donald Trump: “You have no death taxes now you have no inheritance taxes.”

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

President Trump Holds Tax Day Event In Las Vegas, Nevada

Published April 16, 2026 | Video Starts at 07:07

They go bankrupt, they commit suicide, and many. It's a horrible thing that went on. You have no death taxes now you have no inheritance taxes. And seeing his take home pay skyrocket, a bellman at the nearby Paris Hotel reportedly said words that no one has ever uttered before. God bless the irs. (07:07–07:13)

CLAIM

Asserts that there are no death or inheritance taxes.

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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Donald Trump

“We have actually $18 trillion being invested in the United States because of a lot of reasons, but because of tariffs.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 10:11-10:21
“Over 51 million seniors now pay zero federal tax on Social Security income.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 13:09-13:15
“Inflation is the highest in 48 years.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 21:26-21:29
“The king of Saudi Arabia... invested 2 trillion dollars.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 26:29-26:35
“We have more oil production than Russia and Saudi Arabia. By far. Russia and Saudi Arabia put together.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 33:48-33:56
“By next year it will be double that amount [U.S. oil production compared to Russia and Saudi Arabia].”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 33:55-33:55
“No tax on tips.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 00:32-00:34
“Las Vegas is the home of the largest concentration of tipped workers anywhere in the country.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 01:28-01:35
“Thanks to our tax cuts this week, thousands of Nevada waiters, waitresses, casino dealers, bartenders, bellmen, barbers, caddies, and valets…”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 01:36-01:47
“I signed the great big beautiful bill, the largest tax cuts and many other things for working families in the history of our country.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 03:47-03:57
“Every single American at every income level is more money in their pockets this week because of the Republican tax policies.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 04:40-04:49
“The average refund this season is over $4,000.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 05:43-05:48
“Here in Las Vegas, many workers have reported refunds of 5, 6, 7, $8,000 or more.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 05:47-05:55
“You have no tax on Social Security for our seniors.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 06:04-06:09
“No tax on Social Security.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 06:05-06:07
“You have no tax on overtime.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 06:13-06:15
“No tax on overtime.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 06:13-06:15
“If you have a small business or if you have a farm, you have no inheritance tax, you have no death tax.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 06:30-06:38
“As part of our tax cuts, we also included no tax on overtime.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 08:45-08:51
“You buy a car that's American made, give a deduction on the interest you pay on the loan.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 09:18-09:24
“We're raising those tariffs very soon.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 10:02-10:05
“Our tax cut for overtime workers have already been claimed by more than 26 million Americans.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 10:42-10:49
“The war in Iran is going along swimmingly. We can do whatever we want. And it should be ending pretty soon.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 11:29-11:40
“We have the most powerful military anywhere in the world.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 11:45-11:48
“We virtually eliminated the so called. So many taxes. We have like 19 different taxes in all different forms that we eliminated.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 16:00-16:10
“We dramatically expanded a thing called school choice.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 16:09-16:14
“We made homeschool expenditures, the homeschoolers... tax deductible.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 16:18-16:29
“We have automatically we have a $1,000 contribution for every newborn child.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 17:27-17:34
“5 million [Trump accounts] have already been opened.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 17:33-17:37
“We made interest on new car loans deductible, which I told you it's a big deal.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 17:57-18:03
“This tax season, over 1 million Americans already deducted their auto loans and their auto interest.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 18:30-18:37
“Together these brand new cuts and deductions in the Republican bill have been claimed by nearly half of all tax filers.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 18:44-18:53
“We've sent out $30 billion more in refunds than at the same time last year.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 20:01-20:07
“Employees who adjust their withholding levels now will see an immediate surge in their take home pay for the remainder of 2026.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 20:06-20:15
“They voted for the largest tax hike in history.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 21:03-21:07
“The Democrats just voted for the largest tax hike in history.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 21:06-21:12
“Their tax raise that they wanted was more than $5 trillion.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 21:46-21:53
“As of today, over 12 million small business flyers have paid nearly $7,000 less in taxes.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 22:18-22:25
“We took [Soleimani] out. He was the worst, one of the worst terrorists in the history of this country, this world.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 23:52-23:59
“Core inflation was down to the lowest level in five years.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 24:42-24:46
“We just hit an all-time new stock market.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 25:18-25:22
“We're respected all over the world.”
President Trump Holds Tax Day Event In Las Vegas, Nevada | Uploaded April 16, 2026 | 43:58-44:01