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Forbes
Forbes
12 Sep 2024


Former President Donald Trump said Thursday he intends to remove federal taxes from overtime pay, marking his latest proposal this presidential campaign to significantly alter federal tax policy.

Donald Trump Speaks On The Economy In Tucson, Arizona

Trump made the proposal during a speech in Arizona on Thursday. (Photo by Justin Sullivan/Getty ... [+] Images)

Getty Images

Trump said during a speech Thursday his administration “will end all taxes on overtime” if he is elected president, calling overtime workers “among the hardest working citizens in our country.”

Trump did not provide further details on the proposal, which he also framed as “so good” for employers and beneficial for nurses, construction workers, police officers and factory workers.

The former president made the new proposal after repeating his plans to exempt tip and Social Security income from federal taxes, which he announced over the summer.

This is a developing story. Check back for updates.