Republican Senator and Vice-Presidential candidate JD Vance was on CBS’s “Face the Nation” with moderator Margaret Brennan on Sunday to debate matters together with eliminating taxes on overtime pay, and tariffs to guard American jobs and manufacturing.
“We heard from Donald Trump this week that he desires to finish all taxes on extra time pay for staff. How would this exemption work?” Brennan requested.
“We’re speaking about hourly staff and naturally if you work extra time on this nation past 40 hours you get time and a half,” Vance stated.
“We would like American staff to get tax cuts beneath President Trump’s insurance policies and we need to truly penalize corporations which can be delivery jobs abroad by way of tariffs,” Vance stated.
“Kamala Harris’ tax insurance policies are in truth the inversion of that. She desires to lift taxes on American staff and truly reward corporations for delivery jobs abroad,” Vance continued.
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Donald Trump has proposed ending all taxes on extra time pay for staff. When requested if Trump means somebody working a 40-hour work week would then not pay earnings taxes and payroll taxes, @JDVance tells @margbrennan, “That is precisely how he envisions it.” pic.twitter.com/piUOxhGxCc
— Face The Nation (@FaceTheNation) September 15, 2024
JD defined extra about what can be concerned with tariffs. The aim is to encourage companies to convey again jobs and manufacturing to america.
“So, your tariff coverage would solely apply to these corporations who’re delivery jobs abroad?” Brennan requested.
“What we try to do right here with these tariffs is definitely induce extra individuals to make extra issues in america of America,” Vance stated.
“We’ve misplaced our important manufacturing industries to Mexico, to China. We began to undo that for 4 years beneath Donald Trump’s management, however we’ve obtained to do it for for much longer and in a way more intense manner,” Vance continued.
“That is one factor that Donald Trump was so good at throughout his first time period is definitely negotiating with international international locations and benefiting American staff within the course of,” Vance stated.
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Sen. @JDVance discusses his and Donald Trump’s tariff plan, suggesting that it might apply to all corporations who produce items exterior the U.S., together with American corporations that would produce contained in the U.S.
“What you are actually doing is making use of a penalty to any person who… pic.twitter.com/6thSm4tScV
— Face The Nation (@FaceTheNation) September 15, 2024