Don't Just Read the News, Understand It.
Get Started
SubscribeLogin
Israel-Hamas Conflict
NATO
Artificial Intelligence
Social Media
Donald Trump
Heatwaves
War
Stock Markets
World Cup
Education
Infrastructure
Internet
Taxes
Published • loading... • Updated

CNBC: Senate GOP Tax Bill Gives Break on Car Loan Interest — but Not All Vehicles Qualify

Summary by ITEP
That phrasing is “pretty clear” in its meaning that only loans on new cars are eligible for the tax deduction, said Matt Gardner, senior fellow at the Institute on Taxation and Economic Policy.

1 Articles

All
Left
1
Center
Right
ITEPITEP
Lean Left

CNBC: Senate GOP Tax Bill Gives Break on Car Loan Interest — but Not All Vehicles Qualify

That phrasing is “pretty clear” in its meaning that only loans on new cars are eligible for the tax deduction, said Matt Gardner, senior fellow at the Institute on Taxation and Economic Policy.

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Left
100% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

ITEP broke the news in on Friday, June 20, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

Senate icon

Senate

Republican Party icon

Republican Party

United States icon

United States

News
For You
SearchBlindspotLocal