Senator Marshall Leads Press Conference on His Bill to Codify Trump’s Key Promise – No Tax on Overtime

Washington –U.S. Senator Roger Marshall, M.D. (R-Kansas), member of the U.S. Senate Finance Committee, today led a press conference alongside U.S. Senators Tommy Tuberville (R-Alabama), Pete Ricketts (R-Nebraska), and Jim Justice (R-West Virginia) to highlight their bill, the Overtime Wages Tax Relief Act. 

This legislation thoughtfully puts pen to paper to deliver on President Donald Trump’s key campaign promise to give tax relief to American workers. Specifically, the Overtime Wages Tax Relief Act creates an income tax deduction for overtime wage earners, targeted to help lower and middle-income Americans. Senator Marshall is advocating for this legislation to be included in the FY2025 budget reconciliation package. 

Click HERE watch Senator Marshall’s full press conference

Highlights from the press conference include:

What inspired Senator Marshall to introduce the legislation:

“I was born and raised on a farm. My first job off the farm was at a sale barn outside of El Dorado, Kansas. Every Saturday, the farmers bring in their cattle. We would sell 1,000 head, 2,000, or 3,000 head on a Saturday. A 12-hour day would be a short day there. Many days my brother and I worked 24 – 36 hours at a time. But the greatest thing I looked forward to was that time and a half after eight hours.

“And I just remember like it was yesterday – I was making $2.30 an hour, that was the standard wage there at the sale barn… that time and a half overtime really incentivized a young person who was looking forward to buying his first car. But to my surprise, that first time I got my paycheck with that overtime, I was shocked to see how much money the government was taking out of my paycheck…”

Senator Marshall shares stories of Kansans who would benefit from this legislation:

“I want to share the story of a couple other people here from back home. The first is Steve Hewitt, and Steve is here in his UPS uniform. He works for the Teamsters local 696, in Topeka, Kansas, obviously a UPS driver. And this is a quote from Steve, ‘Working overtime means I’m spending more time on the road and away from my family. But thanks to this bill, being able to keep more my paycheck in my pocket would be life changing – not just for me, but for blue collar workers across the nation.’

“The other one is from Brandon Switzer – a corrections officer at the Shawnee County Department of Corrections. Teamsters, local 696 in Topeka, Kansas, again. And this is a quote from Brandon, ‘As the Chief Steward and a corrections specialist at the Shawnee County Department of Corrections, I believe being able to deduct overtime pay from taxes would allow workers to better afford day-to-day living. New legislation like this would also allow workers like me to possibly contribute more to our deferred compensation plan.’

“The people that were constantly reaching out to me were hard working men and women saying we need someone fighting for us, someone fighting for Main Street, not just Wall Street. And I’m so proud of President Trump that he’s made this a priority, to be the President for the hard-working Americans, for people who carry a lunch pail to work.”

On why this legislation is critical:

“This is one of President Trump’s priorities, and it’s one of my priorities as well. You know what this would mean to a family, and I’ll turn it over to Coach Tuberville. Look, the Trump tax cuts – if we don’t make that permanent, families back home are going to get a tax increase of $2,000 a year. So, if we let this go off the books, that’s going to cost Kansas taxpayers $2,000 a year. Potentially, for a person that’s working overtime, they could save another $4,000 on taxes if this legislation is signed into law by the president. So, to me, this is like a $6,000 opportunity for hard-working folks back home. If you’re making 80, 90, or $100,000 a year back home, $6,000 is nothing to sneeze at. That will go a long way in taking care of Joe Biden’s inflation.”

On the additional benefits of the Overtime Wages Tax Relief Act:

“I think that we should incentivize hard work, like several of us have said, addressing work shortages. I don’t know back in your states, but all I hear is we don’t have enough employees for the jobs we have. And I see American manufacturing companies starting to really spike back home as well. And again, their big challenge is a lack of people for the jobs we have. The Tax Foundation estimates this will increase economic growth by 0.2 to 0.5% annually. So, I think it actually will help grow the economy and pay for itself in its own way.”

On how this legislation would be paid for:

“We should never look at any issue just in a silo. I look at this one, big, beautiful bill, and think that we need to come up with $2 trillion in savings for American taxpayers. And then I think if there’s an opportunity to take some of those savings and reward hard-working men and women that we should do that. And much like the Trump tax cuts, I really think that this will accelerate the economy and add to the GDP.”

On government revenues and spending:

“I still think, to me, there’s even a bigger discussion here, is when the appropriation process is starting, is America willing to go on a diet and get off this sugar high that we’ve been on the last four years. We need to reprioritize where we’re spending money. We have a spending problem, much more so than a tax revenue problem.”

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