Donald Trump Promises No Taxes on Overtime Pay

WSJ Opinion: Potomac Watch

The Wall Street Journal

News, Society & Culture

4.2 • 2.8K Ratings

🗓️ 17 September 2024

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

After his idea for no taxes on tips was copied by Kamala Harris, now Donald Trump is pledging to make overtime work tax free. But is there any economic thinking behind this, or is it only a bid for working class votes? Plus, the unknown of Senate control in 2025 is only one of the difficulties of trying to predict how Trump’s and Harris's campaign proposals would actually play out. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	What should we have for dinner Trevor? We've got a few bits in the fridge.
0:03.0	Beats me, Connie.
0:04.0	Hang on, I'll use my phone.
0:08.0	How about a nice prawn curry?
0:10.0	Whoa, that's amazing, Connie. You've got a chef living inside your phone
0:14.8	Not quite true at our goss dot-co. UK we have all the latest must-abs including the new google
0:21.5	pixel with Gemini AI.
0:23.4	There's more yum.
0:24.9	To Argos.
0:25.9	Subject to availability delivery fee may apply.
0:28.2	Can the phone wash the dishes too, Connie?
0:29.8	From the opinion pages of the Wall Street Journal, this is Potomac Watch.
0:38.0	Donald Trump's latest economic policy idea is a promise to end taxes on overtime pay. But how
0:45.9	would that work? How much thought has Trump given it? And is this one more example of
0:50.1	the difficulty of projecting the economic outcomes from the winner of the 2024 election.
0:56.0	Welcome, I'm Kyle Peterson with the Wall Street Journal.
0:59.0	We are joined today by my colleagues,
1:02.0	columnist Kim Strassal and Alicia Finley.
1:05.8	Collectic might be one word to describe Trump's economic policy agenda for a second term,
1:10.8	including his proposal for 10% across-the-board tariffs on all
1:15.4	imports to the United States, tax-free tips, and now his latest plan to
1:20.4	exempt overtime pay from taxes.
	...

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