And according to the Council of Economic Advisors, an even larger 65% of workers in North Dakota are in occupations that are likely eligible for overtime and could also benefit. We cut taxes on up to $12,500 of overtime pay for more than 80 million hourly workers. This is estimated to increase yearly take home pay by more than $1,400. The bill also eliminates federal taxes on up to $25,000 of tips for Americans 4 million tipped workers. (02:10–02:19)
CLAIM
Asserts that the bill cuts taxes on $12,500 of overtime pay for over 80 million workers.
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