President Donald Trump has pledged to end taxes on overtime pay, as well as other things like tips and Social Security.| LiveNOW from FOX | Breaking News, Live Events
A key proposal for exempting overtime from taxation could face limitations under the Senate GOP's new bill. This suggests the broad tax break initially envisioned may be scaled back or restricted in its final form. Last month, the House passed the "One Big Beautiful Bill Act," a comprehensive legislative package designed to advance President Trump’s| THInc
Tax policy has become a significant focus of the U.S. 2024 presidential election. Our new interactive tool helps keep track of the tax policies proposed by presidential candidates during their campaigns.| Tax Foundation