How does deflationism explain the phrase “It is true that snow is white”?

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Marble bust of Aristotle with a beard and draped robe, showing detailed facial features and wavy hair, set against a dark background. — Truth Detail of a Roman copy (2nd century bce) of a Greek alabaster portrait bust of Aristotle (c. 325 bce); in the collection of the Museo Nazionale Romano, Rome.

According to deflationism—also known as minimalism or the redundancy theory—the phrase “It is true that snow is white” is essentially equivalent to the simple assertion “snow is white.”1

Deflationists argue that adding the truth predicate to an assertion changes almost nothing in terms of content or topic; at most, it may provide added emphasis. Because the truth predicate is considered redundant, the statement “It is true that snow is white” holds if and only if “snow is white” holds.1

While this view suggests that truth is not a substantial property, deflationists maintain that the truth predicate remains a useful linguistic device. It allows for efficient generalizations, such as summarizing large numbers of assertions (e.g., “Everything Churchill said was true”) or paraphrasing complex claims to clarify their meaning without needing to invoke a deep, metaphysical concept of truth.1