Trump and the GOP are now offering a tax deduction for auto loan interest. How will it work?

Discover how simple interest benefits borrowers in car loans and consumer purchases, and learn why it might not be ideal for ...

Former President Donald Trump proposed a new tax deduction last week for car owners who pay interest on an auto loan, one of many tax breaks he has floated on the presidential campaign trail in recent ...

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...