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Snapshot 6:Fri, Sep 13, 2024 6:22:30 PM GMT last edited by MattKalman

Trump Says He'll End Taxes on OT

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Above: Former U.S. President Donald Trump, the Republican presidential contender, addresses a press conference at Trump Tower in New York City on September 06, 2024. Image copyright: Michael M. Santiago / Staff / Getty Images News via Getty Images***PLEASE REPLACE WATERMARKED IMAGE***

The Spin

Trump's plan to cut taxes, if elected in November, aims to make "America richer and stronger." It's time to let the working man get something back for all his hard work. Eliminating taxes on overtime would give people an incentive to work more and give more disposable income for hardworking Americans. It's a win-win situation, as it would give people incentives to work extra hours and also benefit businesses.

Trump has an awful record when it comes to helping the working class. Trump claims that some prominent economists - without naming names - advised him that the plan to eliminate overtime taxes was a fantastic idea. However, some real economists say the idea is an absolutely terrible way to establish wage policies. This is Trump firing from the hip.

Metaculus Prediction

There is a 56% chance Kamala Harris will be elected US President in 2024, according to the Metaculus prediction community.


The Controversies



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