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1 y

Trump Vows To Make Car Loan Interest Tax Deductible: ‘Stimulate Massive Domestic Auto Production’
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Trump Vows To Make Car Loan Interest Tax Deductible: ‘Stimulate Massive Domestic Auto Production’

Former President Donald Trump announced in Detroit on Thursday that if he wins the election, he will make car loan interest “fully” tax-deductible, adding the policy to his plans for other major tax cuts. During a speech at the Detroit Economic Club, Trump said the tax deduction on car payments would “revolutionize” the car industry and “stimulate massive domestic auto production.” The former president added that the policy would “make car ownership dramatically more affordable for millions and millions of working American families.” Today, I am also announcing that as part of our TAX CUTS, we will make interest on car loans FULLY DEDUCTIBLE… pic.twitter.com/q5RUbo0lRO — Donald J. Trump (@realDonaldTrump) October 10, 2024 In his speech, Trump also reiterated his promise to impose tariffs on car companies that manufacture vehicles outside of the U.S., a policy he says would bring jobs back to places like Detroit and Flint, Michigan. “I want German car companies to become American car companies. I want them to build plants in America. Otherwise, I’d rather not have their cars here,” Trump said. At another point of his speech, Trump warned that if Vice President Kamala Harris wins the election, the U.S. “will end up being like Detroit.” “I don’t think anything that we’re talking about today is high on her list,” Trump said. “The whole country is going to be like, you want to know the truth? It’ll be like Detroit. Our whole country will end up being like Detroit if she’s your president. You’re going to have a mess on your hands.” Trump in Detroit: The whole country will be like Detroit if Kamala Harris is your president pic.twitter.com/KW3nqtuSd9 — Acyn (@Acyn) October 10, 2024 In his multiple campaign stops in Michigan, an important battleground state in the 2024 election, the former president has focused on the car industry. While speaking to Michigan voters last month, Trump promised that his administration would put a 200% tariff on vehicles manufactured outside of the U.S. “They think they’re going to make their cars there and they’re going to sell them across our line and we’re going to take them and we’re not going to charge them tax. We’re going to charge them. I’m telling you right now, we’re putting a 200% tariff on them, which means they’re unsellable,” he said. Jobs in Michigan’s auto plants, car parts factories, and corporate offices of major car companies have dropped by 35% since 1990, according to the Bureau of Labor Statistics, CNN reported earlier this year. Those job losses in Michigan are due, in part, to the automation of factories, but also due to companies moving their manufacturing bases to Mexico. “We are going to bring so many auto plants into our country. You are going to be big or bigger than you were 50 years ago,” Trump told a crowd in Flint in September. “If they’re not willing to build a plant, we don’t want their product.”
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1 y

FACT CHECK: No, This Video Does Not Show House’s Walls Collapsing Due To Hurricane Milton
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FACT CHECK: No, This Video Does Not Show House’s Walls Collapsing Due To Hurricane Milton

The video was posted to YouTube in September 2021, its description indicating that it took place in New Jersey, not Florida.
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1 y

VICTOR DAVIS HANSON: Try A Little Honesty About Israel
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VICTOR DAVIS HANSON: Try A Little Honesty About Israel

Election interference?
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1 y

FACT CHECK: Does This Video Show Recent Detention Of Hezbollah Fighter In Lebanon?
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FACT CHECK: Does This Video Show Recent Detention Of Hezbollah Fighter In Lebanon?

A post shared on social media purportedly shows a Lebanese Druze checkpoint checking for Hezbollah terrorists. Verdict: False The video is from 2021. Fact Check: A United Nations peacekeeping mission in Lebanon reported that they were fired upon by Israeli forces, CBS News reported. The mission’s headquarters was hit by Israeli tanks which injured two, they were sent […]
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1 y

FACT CHECK: No, SCOTUS Did Not Allow Biden To Force X To Remove Posts
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FACT CHECK: No, SCOTUS Did Not Allow Biden To Force X To Remove Posts

A post shared to X claims that the Supreme Court of the United States (SCOTUS) gave President Joe Biden permission to force the social media platform to remove certain posts ahead of the Nov. 5 election. BREAKING: The US supreme court Just allowed President Biden to Force Elon Musk’s Twitter/X to Remove misinformation on platform […]
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1 y

FACT CHECK: Is FEMA Closing Roads Amid Mandatory Evacuations From Hurricane Milton?
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FACT CHECK: Is FEMA Closing Roads Amid Mandatory Evacuations From Hurricane Milton?

A viral video shared on TikTok claims the Federal Emergency Management Agency (FEMA) is purportedly closing roads amid mandatory evacuations from Hurricane Milton. @mrhumantripod_xx This ìs a update on hurricane Milton please keep them in your thoughts and prayer something is definitely wrong about all this . #hurricane #milton #florida #update ♬ A Storm Is […]
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1 y

El Taiger Succumbs To His Injuries After Reportedly Being Shot In The Head
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El Taiger Succumbs To His Injuries After Reportedly Being Shot In The Head

The Latin sensation was rushed into emergency surgery and placed on life support
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1 y

FTX Felon Heading To Prison Celebrates ‘New Position’ On LinkedIn And The ‘Congratulations’ Poured In
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FTX Felon Heading To Prison Celebrates ‘New Position’ On LinkedIn And The ‘Congratulations’ Poured In

'Congrats Ryan!'
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The Lighter Side
The Lighter Side
1 y

Good Samaritan ‘Skip’ Finds $12,000 and Returns it All to the Senior Citizen Who Lost it
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Good Samaritan ‘Skip’ Finds $12,000 and Returns it All to the Senior Citizen Who Lost it

A Massachusetts senior lost an envelope containing $12,000 at a supermarket, but just as there seemed to be no hope of finding it, the kindness of a Good Samaritan reunited the woman with her life savings. Returning home from grocery shopping at the local Market Basket in Shrewsbury, Massachusetts, 71-year-old Ha’s heart dropped—the envelope of […] The post Good Samaritan ‘Skip’ Finds $12,000 and Returns it All to the Senior Citizen Who Lost it appeared first on Good News Network.
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Daily Signal Feed
Daily Signal Feed
1 y

Try a Little Honesty About Israel
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Try a Little Honesty About Israel

Both the Harris-Walz presidential ticket and now lame-duck President Joe Biden keep insisting that they are Israel’s best friend. A snarly Biden recently bragged at a contentious press conference, “No administration has helped Israel more than I have. None, none, none. And I think [Israeli Prime Minister Benjamin Netanyahu] should remember that.” Yet the thin-skinned and triggered Biden’s prickliness poorly hid—or perhaps revealed—the truth: This current administration knows that it is responsible for the current explosion of the Middle East and the particular dilemmas of Israel. Biden further revealed his blame-gaming of the Israeli government when asked another loaded question about purported Netanyahu election interference, saying, “Whether he’s trying to influence the election, I don’t know.” Election interference? Biden apparently forgot who just flew Ukrainian President Volodymyr Zelenskyy into swing state Pennsylvania, just as early and mail-in voting there began, to lobby for more aid even as he trashed candidates Donald Trump and JD Vance to a left-wing magazine. Recently, Democratic candidate Vice President Kamala Harris refused to say whether the Netanyahu administration is even an ally of the United States. Her Democratic running mate, Minnesota Gov. Tim Walz, could not state whether the Democratic ticket would approve of an Israeli response—by either targeting the Iranian nuclear bomb program or its oil fields and exporting facilities—to some 500 Iranian missiles and rockets that hit the Jewish state. Another Bob Woodward racy and gossipy tell-all book just appeared. It alleges that Biden despised Netanyahu and has reportedly smeared him to aides: “That son of a b—-, Bibi Netanyahu, he’s a bad guy. He’s a bad f–king guy!” What are we to make of this Biden-Harris-Walz mess? It is an election year and one of the closest races in modern memory. Biden and his would-be successors, Harris-Walz, know that support for Israel is a bipartisan cornerstone of U.S. foreign policy and critical for Democratic unity. Yet they feel they must also pander to anti-Israel, Muslim-American voters who may determine the Electoral College votes of critical swing state Michigan. Democratic politicos square that circle by claiming they support Israel—despite damning the conservative Netanyahu. That way they seek to blame Netanyahu for alienating Arab and Muslim-American voters, while they do not alienate left-wing Jewish and pro-Israeli Democrats. For all the invective, a demonized Netanyahu is now regaining public support in Israel. The Israeli public approves of his near-destruction of Hamas, the ongoing brilliant Israeli emasculation of Hezbollah, and Israel’s revelations that the once widely feared terrorist regime in Iran may in fact well prove to be a paper tiger. Biden National Security Adviser Jake Sullivan admitted just eight days before the Oct. 7 massacres that “the Middle East region is quieter today than it has been in two decades.” His boast was an admission that Biden and Harris had inherited from the prior Trump administration a stable Middle East. So, what blew up Sullivan’s quietude? Certainly not Netanyahu or Israel in general. It was the terrorists of Hamas who surprise-attacked and killed 1,200 Israeli civilians during peace and a Jewish holiday. Their slaughtering, torturing, raping, and hostage-taking revealed a level of precivilization barbarism rarely seen in the modern era. Israel was simultaneously targeted by rockets from Hamas and Hezbollah that would eventually number more than 20,000. It did not respond to the bloodbath with a full-scale invasion of Gaza until Oct. 27, some three weeks after the slaughtering. During that interim, for most of the Muslim world and both U.S. Muslim communities and on American campuses, there was rejoicing at the news of slaughtered Jews. For over three years, the Biden administration had signaled Israel’s enemies that it no longer acted like a close ally of the past. After it all, Biden-Harris lifted sanctions on a hostile Iran, giving it $100 billion in oil windfalls. It begged Iran to reenter the disastrous Iran deal. It abandoned the Abraham Accords. It lifted the terrorist designation from the terrorist Houthis. It restored fungible aid to the Hamas tunnel builders. It gave new aid to Hezbollah-controlled Lebanon. Israel’s enemies got the Biden message: Attack the Jewish state, and perhaps Americans for the first time in a half-century may not really mind that much. And so they did, in unison. Rather than admitting their own role in igniting the Middle East, Biden and Harris now blame the victims of their own incendiary foreign policy. The final irony? Israel has concluded that Biden-Harris foolhardiness can be toxic and endanger its very survival—and so, will not agree to its own suicide. Instead, Israel seeks to finish a multifaceted war it did not seek. And one of whose beneficiaries from Israeli blood and treasure will be the U.S. itself, given Israel is now systematically weakening America’s own existential enemies. COPYRIGHT 2024 TRIBUNE CONTENT AGENCY LLC We publish a variety of perspectives. Nothing written here is to be construed as representing the views of The Daily Signal. The post Try a Little Honesty About Israel appeared first on The Daily Signal.
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