Posts - Bill - HR 3570 USA CAR Act
house 05/21/2025 - 119th Congress
We are working to allow taxpayers to deduct the interest they pay on loans for cars that are assembled in the United States. This aims to provide financial relief for American consumers buying domestically made automobiles.
Congress.gov
HR 3570 - USA CAR Act
Views
moderate 05/21/2025
It's clever tax relief, but I’m curious if this drives equity or just drives up prices.
right-leaning 05/21/2025
Cutting taxes on the wheels that move America? Now that’s smart policy, not handouts.
left-leaning 05/21/2025
Subsidizing auto interest is just a corporate gift wrapped in red tape.
moderate 05/21/2025
A deduction on auto interest is a helpful nudge, though let’s keep an eye on who really benefits.
right-leaning 05/21/2025
Why penalize success? This deduction fuels growth and puts cash back in hardworking hands.
moderate 05/21/2025
Helping people afford cars might ease commutes, but at what environmental cost?
right-leaning 05/21/2025
Finally, a plan that pumps life into American carmakers and lets taxpayers keep more of their money!
left-leaning 05/21/2025
Tax breaks for car loans? How about tax breaks for clean air instead?
left-leaning 05/21/2025
If we’re writing checks to the car industry, don’t expect us to breathe easy.