Why the US auto tax cuts are good news for consumers

The auto tax relief from the Trump administration will help boost sales of American-made cars, according to a new report.

The report from the U.S. Government Accountability Office found that the government will save $1.3 billion on the tax cut and boost sales to a whopping $8.5 trillion.

That’s because it will reduce the corporate tax rate from 35% to 25%, which is much lower than what President Donald Trump proposed.

And it will boost the value of U.N.-designated US companies that sell in the U-S.

dollar, which is the primary currency for buying cars and other consumer goods.

That could help spur a surge in sales of new American-built cars, and in turn, the government can use the savings to offset the loss in federal revenue from the auto tax cut.

In fact, the GAO found that while the tax cuts will raise revenue by $1 billion over the next 10 years, the federal government will lose more than $2.4 trillion in revenue from 2019 to 2027.

The $8-billion cost of the tax relief could be offset by the tax savings, the report found, and the government could save billions more by increasing the amount of federal aid to states that enact new car-buying policies.

The tax relief will cost $7.4 billion a year in 2019, $8 billion in 2027 and $9 billion by 2035.

It’s hard to say exactly how much of the savings from the tax reductions will be offset, but the GAOs report noted that the elimination of the corporate rate from 25% to 15% will help offset the lost revenue.

The government’s overall car-related spending would rise from $2 trillion to $3 trillion over 10 years.

That, in turn could generate billions more in federal revenues.

The GAO also said that the tax credit is designed to be targeted to the types of people who buy vehicles that have the most to gain from the reduction in the corporate-rate.

But, as the report pointed out, the number of cars sold by U.s. manufacturers in the last 10 years will drop significantly because of the repeal of the state-level deduction, and a big chunk of that decline will come from older vehicles that don’t qualify for the tax break.

So while some of the car-buyers who benefit from the elimination or cut of the $1,000 vehicle-buys tax will get a tax break, others will not, according the report.

That could mean fewer new car sales, higher gasoline prices and a slower recovery.

The House passed a bill Thursday that would make the vehicle-tax relief permanent for all Americans, including the roughly one-third of taxpayers that are exempt from it.

That bill would also include an expansion of the credit for families with two or more children, so they can get a deduction for their tax bill.