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Bessent tells The Post no tax on overtime can offset loss of immigrant labor

Treasury Secretary Scott Bessent indicated Wednesday that Trump’s no-tax-on-overtime incentive is meant to offset the loss of labor by newly deported illegal immigrants.

U.S. Treasury Secretary Scott Bessent is meant to offset the loss of immigrant labor. REUTERS “As Kelly [Loeffler] and I go out and talk to employers and workers around the country, they all want more overtime,” he told The Post. “And there was this narrative that I think over 2 million illegal aliens have either voluntarily deported or been deported, and that there would be a worker shortage.

“Well, what better way to fill that gap than with overtime for hardworking Americans and for them to keep more of it?”

Read original at New York Post

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