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Scott Bessent: “Over 1 million filers have claimed no tax on car loan…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Scott Bessent Boasts Tax Cuts Americans Claimed, Money Saved As IRS Wraps Up 2025 Filing Season

Published | Video Starts at 00:42

Over 25 million filers claim no tax and overtime with an average deduction of $3,100. Over 30 million seniors have claimed the enhanced deduction for seniors with an average deduction of 7,500. And Over 1 million filers have claimed no tax on car loan interest on American cars for an average deduction of over $1,800. The average refund this filing season is over $3,400. Over 34 million families have claimed Republicans enhanced child tax credit which is permanently doubled and expanded by the working families tax cuts. (00:42–00:51)

CLAIM

Asserts that 1 million filers claimed no tax on car loan interest.

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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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