The U.S. House of Representatives has passed new legislation championed by President Trump, including a new tax deduction ...

Americans were allowed to deduct all interest on consumer debt, including car loans ... code by eliminating itemized ...

President Trump has announced his administration’s efforts to create a new tax deduction for auto loan interest payments made on US-made vehicles to boost domestic manufacturing and counter ...

Rep. Bill Huizenga introduced the Made in America Motors Act, proposing a tax deduction on interest paid on U.S.-assembled vehicle loans. The proposed deduction allows up to $2,500 per year for ...