Trump Pledges To Remove Overtime Taxes In 2024 Economic Plan

Donald J. Trump, the Republican nominee for president, unveiled a new economic plan during a rally in Tucson, Arizona, on Thursday. As part of his campaign, Trump vowed to eliminate taxes on overtime pay, a move he said would benefit America’s hardest workers and encourage economic growth.

“We will end taxes on overtime,” Trump said, highlighting the dedication of workers who clock in extra hours. He noted that Washington has ignored the interests of these workers for too long. According to Trump, the policy will offer a clear incentive for more people to work overtime, leading to an expanded workforce.

Economists who support the plan believe it could boost labor participation, especially as Trump courts voters in Arizona, a state crucial to his electoral strategy. Arizona, a swing state, was narrowly won by Biden in 2020, marking a rare Democratic victory. Trump is aiming to reverse that trend in 2024.

Despite changing demographics and a growing number of independent voters, Republicans still outnumber Democrats in Arizona. Trump is also proposing to remove taxes on tips as part of his broader economic platform, an idea that has gained traction with his supporters.