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U.S. House approved tax bill includes auto loan interest deduction on U.S.-made cars
The comprehensive tax and funding bill passed by the U.S. House on May 22 would allow a tax deduction on up to USD 10,000 in auto loan interest per year for the 2025 to 2028 tax years, seen as another incentive, beyond tariffs, to purchase domestically made vehicles.
Only vehicles assembled in the U.S. would qualify ....
Only vehicles assembled in the U.S. would qualify ....
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