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Investopedia • Jun 13, 2025

GOP Proposed a $10,000 Tax Break on Car Loans—With a Big Catch

The recently suggested policy aims to reduce the financial burden on vehicle financing by offering substantial relief, though certain limitations may affect the overall benefit for...

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MarketWatch Top Stories • May 27, 2025

You probably won’t notice Trump’s tax break for car loans once you factor in tariffs

Although the recent tax relief aimed at car loan borrowers offers some savings, its overall impact may be diminished due to increased costs resulting from imposed tariffs on automo...

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