Chairman Smith: Taxpayers Benefit From No Tax on Auto Loan Interest for Made-in-America Cars
February 20, 2026
February 20, 2026
WASHINGTON, Feb. 20 -- Rep. Jason Smith, R-Missouri, chairman of the House Ways and Means Committee, issued the following news release on Feb. 19, 2026:
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Chairman Smith: Taxpayers Benefit from No Tax on Auto Loan Interest for Made-in-America Cars
With a new economic boom resulting from the Working Families Tax Cuts, American workers and families will be able to use a new tax deduction for auto loans on qualified vehicles purchased for personal use. The . . .
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Chairman Smith: Taxpayers Benefit from No Tax on Auto Loan Interest for Made-in-America Cars
With a new economic boom resulting from the Working Families Tax Cuts, American workers and families will be able to use a new tax deduction for auto loans on qualified vehicles purchased for personal use. The . . .