On October 9, 2024, Republican presidential candidate and former US President Trump delivered a speech at a campaign event held at the Riverside Sports Center in Scranton, Pennsylvania, USA.
Brendan McDermid | Reuters
Donald Trump on Thursday will support making car loan interest fully tax-deductible, the latest in a series of tax-cut promises the Republican presidential candidate has made in the weeks leading up to Election Day.
Trump will compare the plan to the existing mortgage interest tax deduction during a speech at the Economic Club of Detroit, according to excerpts provided by the Trump campaign in advance.
Trump will say the plan “will spur massive domestic auto production and make car ownership more affordable for millions of American working families.”
The former president will also pledge to ban Chinese-made self-driving cars from U.S. roads if he defeats Democratic candidate Kamala Harris in the Nov. 5 election.
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