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(Reuters) -Republican U.S. presidential candidate Donald Trump said on Thursday that he will end all taxes on overtime pay as part of a wider tax cut package, if he is elected in the Nov. 5 election.
On the campaign trail, Trump promised a variety of tax breaks, including removing the TCJA’s $10,000 cap on the deduction for state and local taxes, and eliminating taxes on tip income, overtime ...
Trump said that when workers are past 40 hours a week, "your overtime hours will be tax free." The Trump campaign did not immediately respond to a request for details about the plan.
The Harris campaign quickly countered that Trump, as president, denied overtime pay for millions of workers and warned that if he wins a second term, fewer workers would receive overtime. “Trump ...
A recent study from the nonpartisan Tax Foundation estimated that cutting taxes on overtime pay would cost $227 billion over 10 years. Trump’s three proposals would raise the budget deficit by a ...
In his latest economic pitch to voters, former President Trump on Thursday called for no taxes on overtime pay while speaking to supporters at a campaign stop in Tucson.
Former President Donald Trump unveiled a new economic policy on Thursday before a crowd in Tucson, Arizona, saying he would end taxing overtime pay. Trump has previously proposed ending taxes on ...
White House Press Secretary Karoline Leavitt updated reporters as the lengthy meeting was still ongoing, detailing that Trump wants "no tax on seniors, Social Security, no tax on overtime pay ...