President Donald J. Trump announced his latest push to support American workers and American-made cars: a sweeping tax reform that will let vehicle owners deduct interest on U.S.-made auto loans — a move that puts American industry, not foreign conglomerates, back in the driver’s seat.
Standing shoulder-to-shoulder with hardworking men and women from across the country — from farmers to food delivery drivers — Trump proudly introduced James Benson, a third-generation Ford autoworker from Belleville, Michigan, as a symbol of the shift sweeping Middle America.
“I used to be a Democrat,” Benson said, “but after what President Trump did for our jobs and our families, I changed in 2017. I saw the difference right away — in my paycheck, in our plant, and in the way Washington finally started listening to us.”
President Trump, whose bold tax overhaul in 2017 unleashed a wave of economic growth and record employment, doubled down on his Buy American, Hire American pledge. This time, his weapon of choice is a “big, beautiful” bill that makes auto loan interest up to $10,000 fully tax-deductible — but only if the vehicle was assembled in the U.S.A.
“If your car is made here in America — not in China, not in Mexico — then you get the deduction,” Trump declared. “If it’s made someplace else, we don’t care.”
The tax break would apply to passenger vehicles — including cars, trucks, SUVs, vans, and motorcycles — built on U.S. soil and delivered fully assembled to dealerships. This ensures that the jobs created and the benefits received stay where they belong: right here in the United States.
Details of the America First Auto Loan Deduction
- Deduction Limit: Up to $10,000 in interest on qualified auto loans
- Eligibility: Applies only to vehicles assembled in the U.S.
- Income Threshold: Phases out for individuals earning above $100,000
- Time Frame: Applies to tax years 2025 through 2028
James Benson’s story mirrors that of millions across the Rust Belt: Americans who voted Democrat for decades but saw real results only after Trump took office.
“Ford has a lot of plants here,” Trump noted. “And if you build here, you’re going to make a lot of money. I love the autoworkers.”
This isn’t just rhetoric. Ford recently announced a $3.5 billion investment in a battery plant in Michigan, citing stable trade conditions and pro-manufacturing policy signals.
Blue Collar Victory Hooray
It says first auto loan deduction but wasn’t that a deduction like 40 years ago or so?
It is “America First” auto loan deduction. Not the first auto loan deduction.
Yes it was. Even credit card interest was deductible.
Hopefully voters stay the course and stay engaged cause socialist are great at playing the long game to lull people into buying their “utopia”. We need to keep pace with deporting illegals before the 2030 census, cause that is the socialists long term plan. If they get to count illegals in the 2030 census they can increase blue state members in Congress tipping control to Dems. Believe me, next time they get control they will make sure they keep control. Remember, Dems are guilty of everything they accuse others of being and doing! It’s their main deflection strategy!!
WINNING! NEVER GETS OLD!