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. (02:06–02:15)
CLAIM
Asserts that the bill cuts taxes on overtime pay for over 80 million workers.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
