Trump Proposes ‘No Tax On Overtime’ Policy To Boost Workforce
Republican presidential nominee Donald J. Trump announced a new economic policy on Thursday that would eliminate taxes on overtime pay if he wins the 2024 election. Speaking at a rally in Tucson, Arizona, Trump emphasized the importance of rewarding hardworking Americans for their extra effort.
“As part of our additional tax cuts, we will end taxes on overtime,” Trump told the crowd. He praised workers who put in overtime hours and criticized Washington for failing to support them. Trump believes this policy will motivate more people to take on extra work, benefiting both workers and the economy.
Economists have weighed in on the proposal, with some suggesting that it could help expand the workforce. Trump made a strong push for support in Arizona, a battleground state that could play a critical role in the election.
Arizona has historically leaned Republican, though President Joe Biden narrowly won the state in 2020. With more suburban and independent voters emerging, the GOP faces new challenges in securing a win. Still, Trump’s tax-cut plan aims to energize his base and win over undecided voters.
Trump also promised to eliminate taxes on tips, a policy that the Harris campaign has since mirrored.