Trump's Tax Proposal

Trump's Tax Proposal: No Federal Taxes on Overtime Pay; What It Means for You

Trump’s Tax Proposal: No Federal Taxes on Overtime Pay; What It Means for You

Anthony Lane

Trump’s proposal to eliminate federal taxes on overtime pay aims to boost workers' earnings and incentivize extra hours. This article explores how the plan could benefit employees, the impact on federal revenue, and key concerns about fairness and economic effects. If passed, the policy could reshape the labor market and significantly impact take-home pay.