Trump Plan to End Taxes on Overtime Would Cost Billions

Trump Plan to End Taxes on Overtime Would Cost Billions

“Donald Trump is calling for exempting overtime pay from taxes, the latest in a string of vague tax proposals that have befuddled tax experts, worried fiscal hawks and seemingly charmed voters,” the New York Times reports.“Mr. Trump floated the idea this past week during a campaign rally i

Trump’s Proposal to End Taxes on Overtime Pay Could Cost Billions

Former President Donald J. Trump is calling for exempting overtime pay from taxes, the latest in a string of vague tax proposals that have befuddled tax experts, worried fiscal hawks and seemingly charmed voters. Mr. Trump floated the idea this past week during a campaign rally in Tucson, Ariz., telling the crowd that it would supercharge incentives to work more and put money back in the pockets of many Americans. “It’s time for the working man …

Trump Vows to End Taxes on Overtime Pay If Elected - The Thinking Conservative

Trump has said he plans to end taxes on overtime wages for individuals who work more than 40 hours a week if he is elected to the White House again. The post Trump Vows to End Taxes on Overtime Pay If Elected appeared first on The Thinking Conservative.

Trump’s Proposal to End Taxes on Overtime Pay Could Cost Billions - Market Research Correspondent

The former president left many key details about the overtime plan unaddressed, including whether the exception would apply to the payroll taxes that fund Social Security and Medicare. Source link