We saved American farms by allowing farmers to spread tax payments on sales over four years if the land continues to be used for agriculture purposes. We doubled the small business expensing limit. We permanently extended the small business deduction. We delivered 6,000 bonus deduction to seniors on Social Security. We eliminated the tax on auto loan interest for American made cars. We permanently increased the child tax credit to $2,200. (30:12–30:17)
CLAIM
Asserts that the small business deduction was permanently extended.
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.
