Better than anyone · Second term · № 53
Knows more about deductions 'than any human being on Earth'
“But rich people are—I think I know more about deductions than any human being on Earth. But you know, the truth is that people that are middle-income people that buy a car and actually have to borrow money...”
- Said
- , Swearing-in of Alina Habba as acting U.S. Attorney, Oval Office
- Subject
- tax deductions
- Topic
- Taxes & deficit
- Era
- Second term
What the record showed
The remark, which drew laughter in the room, came as Trump argued for a deduction of car-loan interest for middle-income buyers who "actually have to borrow money." He offered no comparison with tax professionals or IRS data to support the claim.