Congress: Trump's Huge Tax Cut Move; Threatens Democrats Against Blocking It By Saying…| Inflation

Published on Mar 05, 2025 10:44 am IST

In his first address to Congress, Trump unveiled a sweeping tax cut plan to revive the U.S. economy. Promising no taxes on tips, overtime, and Social Security benefits, he also proposes making car loan interest tax-deductible—if the car is made in the USA. Trump claimed this will spark unprecedented growth in the auto industry. With retroactive expensing and 'beautiful tariffs,' will this plan deliver the economic boom he promises?

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