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  • Tax deduction on car loan interest

    From Arun Sahadeo@1:229/317 to All on Fri Jun 13 08:25:00 2025
    Why did the Tax Reform Act of 1986 remove the tax deduction for interest on car loan payments?
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  • From IB Joe@1:342/200 to Arun Sahadeo on Fri Jun 13 09:46:32 2025

    Why did the Tax Reform Act of 1986 remove the tax deduction for interest on car loan payments?


    Because it could.

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