“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 in Tucson, Ariz., telling the crowd that it would supercharge incentives to work more and put money back in the pockets of many Americans.”

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Topics:  donald trump   new york times    mr   tucson   ariz   americans   trump   taxes   overtime   
BING NEWS:
  • Trump promises to cut taxes on tips, overtime, and Social Security. Experts say consumers will eventually pay the price
    President Trump promised to make major tax cuts for Americans on the campaign trail, vowing to cut taxes on tips and overtime pay, social security taxes, and reduce corporate income taxes.
    11/12/2024 - 1:57 pm | View Link
  • The New Government Plan Eliminates Taxes on Social Security Benefits
    Throughout his campaign, Trump announced a plan to reduce taxes on Social Security benefits ... In September, he announced a fresh vow to lower taxes on Social Security, overtime, and tips. According ...
    11/12/2024 - 11:00 am | View Link
  • Meme Supposedly Itemizes 'The Trump-Vance Project 2025 Plan'
    A meme purports to outline what it calls "The Trump-Vance Project 2025 Plan," although both U.S. President-elect Trump and Vice President-elect JD Vance have distanced themselves ...
    11/12/2024 - 1:00 am | View Link
  • What a Second Trump Term Could Mean for Your Taxes
    In his first term, he pushed to lower the corporate tax rate from 35% to 21% when the Republican tax overhaul, formally called the Tax Cuts and Jobs Act of 2017, was signed into law. Trump proposes ...
    11/11/2024 - 5:37 am | View Link
  • Fox Host Questions GOP Rep. With Report Trump Tax Plan Adds $7.5Tn in Debt
    Fox News Sunday host Shannon Bream asked Representative Byron Donalds about the cost of President-elect Donald Trump's tax policy.
    11/10/2024 - 11:34 pm | View Link
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