Washington, D.C. – Congressman Nathaniel Moran (R-TX-01) – a member of the House Committee on Ways and Means – introduced the No Tax on Overtime Act, one of President Donald Trump’s top tax priorities for Congress’s reconciliation bill. President Trump has been a longtime, vocal supporter of policy that helps working-class Americans, promising his 2024 presidential campaign to reduce taxes on tips and overtime wages for American workers.
“I’m honored to introduce legislation to support President Trump’s America First agenda and codify his tax priorities into law,” said Congressman Moran. “East Texans make sacrifices every day to put food on the table, gas in the tank, and provide daily necessities for their families. This legislation will help support their efforts by ensuring their hard work is rewarded. After four years of inflationary policies by the Biden Administration, it’s time to help hardworking Americans. I’m excited to work with President Trump to deliver on the promises he made to the American people.”
Specifically, Congressman Moran’s No Tax on Overtime Act would allow a deduction for up to 300 hours of qualified overtime compensation earned in a given taxable year. The legislation is tailored toward individual earners making up to $100,000 and couples with a combined income of $200,000. Further, this bill will eliminate 100% of income taxes on the 50% overtime pay premium for the more than 90 million hourly workers.
In September 2024, Trump stated: “[No Tax on Overtime] gives people more of an incentive to work… The people who work overtime are among the hardest-working citizens in our country. And for too long, no one in Washington has looked out for them… Those are the people, they really work. They’re police officers, nurses, factory workers, construction workers, truck drivers and machine operators.”
Trump’s Support for No Tax on Overtime:
###
