Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

DAVID MARCUS: Tax-free overtime could be midterm magic for GOP

by May 24, 2025
May 24, 2025
DAVID MARCUS: Tax-free overtime could be midterm magic for GOP
NEWYou can now listen to Fox News articles!

As the GOP’s ‘big beautiful bill’ heads to the Senate next month, one provision legislators from both parties should keep their sights squarely set on is no tax on overtime, because in my travels talking to working Americans, no policy comes up more often.

It is not hyperbole to suggest that, if successfully implemented, vastly reducing overtime tax on America’s workers would be the most politically significant measure in the bill, and could easily help Republicans sweep the midterms.

It is very rare, when I’m out talking to people on the road, for person after person to keep mentioning something I never even brought up. A clear example in the last election was Robert F. Kennedy Jr., now Secretary of Health and Human Services, who I couldn’t get people to shut up about, even when the media wasn’t focused on him.

In the end, RFK Jr. played a vital role in putting President Donald Trump over the top.

For the past couple of months, the thing I have heard over and over again from workers and employers is how much they desperately want no tax on overtime.

Regular readers of this column will recall the coal miner in Columbiana, Ohio who told me, ‘taxes are killing the working man,’ or Doug and Danny in Jeffersonville, Indiana, a steel cleaning plant owner and his foreman who also weighed in.

Doug told me it will ‘encourage [younger workers] to give up their time, away from loved ones and produce for customers that we have, that need steel, that they want that we did not produce Monday through Friday and get it done.’

From Ohio, to Texas, to West Virginia, no tax on overtime has created excitement for the people the news media never seem to get around to talking to.

A major reason that no tax on overtime has been largely ignored compared to its more popular cousin, no tax on tips, is that almost nobody who produces news has ever held a job that includes traditional overtime, while many likely had tipping jobs in college.

This also explains exactly why the overtime provision is a much bigger deal. There are a handful of tipped jobs that one can raise a family on, but most are stepping stones. There are millions of jobs you can raise a family on that involve overtime.

For the men and women who work these jobs in plants, mines and forges, a reduction in overtime tax is far more meaningful than any stimulus check could be. A stimulus check is like a winning scratch-off lottery ticket. No tax on tips is a raise. You can plan on it, build around it.

This brings us around to the midterms. If by the fall of 2026, American workers have been keeping more of their money, not receiving largesse from the state, but keeping more money they worked for, then every GOP candidate will point at every Democrat incumbent in Congress and say, ‘they voted against it.’

One of Donald Trump’s political superpowers is to find the issues American voters deeply care about that the media largely ignores. He did it by fighting wokeness, he did it opposing foreign interventionism, he did it by focusing on our kids’ health.

I don’t know how he does it. I know how I do it. I spend hours and hours traveling and talking to people. Maybe Trump talks to the working-class people he employs, maybe he just judges based on crowd reactions at rallies, but however he does it, finger meets pulse.

With no tax on overtime, Trump has done it again. Every Republican who is running for Congress outside of Silicon Valley and the Upper East Side would be wise to lead their campaign with, ‘President Trump and I promised no tax on overtime and we delivered.’

There seems to be some surprise that Trump’s poll numbers are recovering after a brief dip occasioned by universal freakouts over his tariff policy. But there is a very good reason for it: On almost every policy the president is doing exactly what he told voters he would do.

Once workers start seeing that bump in their weekly check they can start saving for a better vacation, put more money away for their kids, or even buy their girl an engagement ring. These are the riches of the working class.

Senate Democrats should tread cautiously as the big beautiful bill lands in the upper chamber. They should decide if they really want to look their constituents in the eye and say, ‘You know that raise my opponent’s party and President Trump gave you? I want to take it away.’

No tax on overtime may be Donald Trump’s baby, but come the midterms, it could be a big bundle of joy for the Republican Party.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
SCOOP: House Republicans request ban on federally funded ‘transgender animal’ experiments in 2026 budget
next post
Trump talks with Putin, spars with South African leader, threatens EU tariff hike in 18th week in office

You may also like

Sen. Rand Paul pledges to get Trump’s cabinet...

December 22, 2024

‘It will happen quickly’: State Dept poised to...

July 10, 2025

SCOTUS to hear straight woman’s discrimination case that...

February 26, 2025

Bondi claps back at Hirono amid questions about...

January 15, 2025

Melania Trump’s memoir soars to top spot on...

August 26, 2024

$15M reward announced for alleged Chinese ringleader, others...

March 19, 2025

Kamala Harris to accept presidential nomination on final...

August 22, 2024

Trump’s picks so far: Here’s who will be...

November 18, 2024

FCC commissioner rips NBC over Harris’ last-minute SNL...

November 3, 2024

Hillary Clinton blasts Trump’s legal woes amid ‘lock...

August 20, 2024

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Kim Jong Un shows off ‘most powerful’ ballistic missile as foreign leaders watch North Korea military parade

      October 11, 2025
    • Trump declared in ‘excellent overall health’ by doctor after Walter Reed visit

      October 11, 2025
    • War Department launches new counter-narcotics task force under Trump directive to crush cartels

      October 11, 2025
    • Putin praises Trump’s peace efforts as ‘really doing a lot’ to resolve global crises and conflicts

      October 10, 2025
    • Venezuelan Nobel Peace Prize winner María Corina Machado dedicates award to Trump for ‘decisive support’

      October 10, 2025
    • China outlines more controls on exports of rare earths and technology

      October 10, 2025

    Categories

    • Business (811)
    • Investing (661)
    • Politics (5,886)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 WhaleLargeCapital.com | All Rights Reserved