Trump’s No-Tax-On-Overtime Proposal: Economic Impact and Industry Reactions

Collitcomedia26 Feb, 2025Business

Donald Trump has proposed eliminating federal taxes on overtime pay, tips, and Social Security benefits. This policy aims to increase disposable income and stimulate economic growth. The proposal, reiterated in January 2025, aligns with Trump’s campaign promise to support workers. The plan seeks to provide financial relief while influencing labour market dynamics.