Will Senate Republicans ACTUALLY PASS No Tax On Overtime Pay?

Republican proposal is attempting to make President Trump’s campaign promise of “no tax on overtime” a reality.

Cenk Uygur and Yasmin Khan discuss on The Young Turks. Do you agree with TYT's take? Tell us what you think in the comments below. SUBSCRIBE today☞

CHAPTERS:

0.00 Cenk's Bold Take

1.10 Breaking Down The Bills

4.30 Cenk Will Eat His Shorts If...

6.15 The TYT Audience Sounds Off

7.00 What's Coming Next

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"WASHINGTON—A new Republican proposal aims to turn President Trump’s open-ended “no tax on overtime” slogan into a practical reality, denying the new deduction to some top earners and capping it at $10,000 for individuals and $20,000 for married couples.

Under the legislation from Sen. Roger Marshall (R., Kan.), the break for overtime pay would start phasing out once individual adjusted gross income reaches $100,000 or when a married couple’s income reaches $200,000. At the 22% marginal tax rate that applies to many taxpayers in this range, a deduction for $20,000 in overtime pay would save $4,400 in taxes. "

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