President Donald J. Trump introduced a bold new tax policy on Thursday, promising to eliminate taxes on overtime pay if he is elected in November. The announcement came during a campaign stop in Tucson, Arizona, where Trump outlined his vision for helping American workers.
“As part of our additional tax cuts, we will end taxes on overtime,” Trump told a crowd of supporters. He praised the efforts of those who put in extra hours and criticized Washington for failing to look out for them. Trump believes that by cutting taxes on overtime, more people will be encouraged to work additional hours, ultimately benefiting the economy.
Economists have voiced support for the plan, which they believe could lead to increased workforce participation. Trump’s focus on Arizona highlights the importance of the state in the 2024 election, as it remains a key battleground. Although Arizona has typically voted Republican, Biden narrowly won the state in 2020.
Trump’s campaign is working hard to win back Arizona by offering economic policies that appeal to working-class voters, including the elimination of taxes on overtime and tips. The Biden-Harris campaign has since copied parts of Trump’s tax proposal, further emphasizing the policy’s popularity among voters.
With a tight race expected in Arizona, Trump’s tax cuts may be a decisive factor in securing critical votes in the upcoming election.
