Former President Donald Trump committed to abolishing taxes on overtime, characterizing these workers as the “hardest-working citizens in our nation.”
“I’m also announcing that as part of our additional tax cuts, we will end all taxes on overtime,” Trump said during a rally, prompting applause from those in attendance. “That gives people more of an incentive to work. It [makes it a lot easier for the companies] to get the people.”
“I went to some economists. Great ones. I said, ‘what do you think?’ They said, ‘It would be unbelievable, you’ll get a whole new workforce by getting that.’ No taxes on overtime,” he said. “The people who work overtime are among the hardest working citizens in our country, and for too long, no one in Washington has been looking out for them. Those are the people. They really work. They’re police officers. They’re nurses, factory workers, construction workers, truck drivers, and machine operators. It’s time for the working man and woman to finally catch a break and that’s what we’re doing, because this is a good one, and I think it’s going to be great for the country. So that’s why we will be saying that if you’re an overtime worker, when you pass 40 hours a week, your overtime hours will be tax free.”
Watch:
🚨NEW POLICY ALERT🚨
President Trump announces a new plan to eliminate all taxes on OVERTIME pay.
"The people who work overtime are among the hardest working citizens in our country — When you pass 40 hours a week, your overtime hours will be tax free." pic.twitter.com/YQvSOUHr0w
— Trump War Room (@TrumpWarRoom) September 12, 2024
