Trump says he will end all taxes on overtime

Trump says he will end all taxes on overtime

The Republican candidate also vows to put pressure on the Federal Reserve to lower interest rates.

Donald Trump and Democratic rival Kamala Harris have both pledged to seek legislation to end the taxation of tips to aid service workers. (AP pic)
TUSCON:
Republican US presidential candidate Donald Trump said on Thursday that he will end all taxes on overtime pay as part of a wider tax cut package, if he is elected in the Nov 5 election.

“As part of our additional tax cuts, we will end all taxes on overtime,” Trump said in remarks at a rally in Tucson, Arizona.

“Your overtime hours will be tax free,” the former president added.

Trump, who faces Democratic Vice President Kamala Harris in what polls show to be a tight race, has previously said he would seek legislation to end the taxation of tips to aid service workers. Harris has made a similar pledge.

Trump has also said that as president he would pressure the Federal Reserve to lower interest rates.

Stay current - Follow FMT on WhatsApp, Google news and Telegram

Subscribe to our newsletter and get news delivered to your mailbox.