Scott Bessent: “President Trump's campaign promises [include] no tax on…”

“So the government shut down, but we can fall back on the tax policy, the 100% expensing. But then on the other side, there are President Trump's campaign promises [include] no tax on tips, no tax on overtime. the small, small tax, if any, or no tax on Social Security. Buy an American car and you can deduct the interest. And those are for working people.” (34:41–34:49)

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.