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VisitWhich demographic will benefit the most from Trump's tax cuts if enacted by December 31, 2025?
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Economic reports and analyses from reputable sources
Trump Proposes Eliminating Taxes on Overtime Pay if Elected on November 5
Sep 12, 2024, 11:24 PM
Former President Donald Trump announced a new policy proposal to eliminate all taxes on overtime pay if he is elected in the upcoming November 5 election. Speaking at a rally in Tucson, Arizona, Trump emphasized that the plan is part of a broader package of additional tax cuts aimed at benefiting blue-collar, non-salaried workers. Trump stated that workers who exceed 40 hours a week would have their overtime hours tax-free, highlighting that those who work overtime are among the hardest-working citizens in the country. This proposal comes in addition to Trump's previous promises to eliminate taxes on tips and Social Security benefits.
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