Truckers Applaud New Tax Reform But Say Overtime Pay Still Left Behind

0
4K


WASHINGTON, D.C. — The recent passage of a major tax reform bill by the U.S. House of Representatives is bringing financial stability for many truckers, but industry leaders say it still leaves critical overtime pay issues unresolved.

On July 3, lawmakers approved the One Big Beautiful Bill, which extends and modifies key parts of the 2017 Tax Cuts and Jobs Act. Among its headline measures is the elimination of taxes on overtime pay for many blue-collar workers and the extension of estate and individual income tax cuts.

While some trucking organizations welcomed the move, others say it falls short for drivers who are currently excluded from overtime protections under the outdated Fair Labor Standards Act of 1938.

“Eliminating taxes on overtime pay for blue collar workers is a well-intentioned move. Unfortunately, truckers won’t benefit from this key provision… due to their exclusion from overtime protections,” said Todd Spencer, President of the Owner-Operator Independent Drivers Association (OOIDA), in a statement.

Meanwhile, American Trucking Associations (ATA) President and CEO Chris Spear praised the bill, calling it “much-needed certainty for the trucking industry — the backbone of our economy — to grow and thrive.”

“By passing this bill, Congress averted the largest tax increase in our nation’s history. Neither the economy nor our supply chain would have survived such a travesty,” Spear said, adding that most motor carriers, which are small businesses operating ten trucks or fewer, can now plan for the future and invest in better equipment and good-paying jobs.

However, OOIDA continues to urge lawmakers to pass the GOT Truckers Act, which would finally guarantee truckers overtime pay protections and make them eligible for the same tax relief on overtime wages as other workers.

According to ATA, the industry sees the new package as a vital step forward — but drivers’ advocates stress that overtime reform remains a missing piece that Congress needs to fix.

 



Buscar
Patrocinados
Categorías
Read More
Trucking News
Driver Rescued from Semi Truck Hanging Off Louisville's Kennedy Bridge Overpass
LOUISVILLE, Ky. — Emergency crews rescued a semi-truck driver after his vehicle ended up...
By American Truck Drivers 2025-05-04 16:14:48 0 6K
Trucking News
New Jersey trucking company to pay $201K as part of aggressive enforcement effort against toll evaders
The Port Authority of New York and New Jersey announced that it recovered more than $25 million...
By American Truck Drivers 2024-01-23 19:53:41 1 19K
Trucking News
Stray mattress sends car skidding into semi truck in fatal wreck
A motorist was killed in a wreck involving a mattress and an oncoming semi truck in Washington...
By Truck Drivers Life 2022-03-15 18:15:54 0 10K
Trucking News
Man convinced he was battling sex-traffickers sends trucker to hospital, bites state trooper
A man apparently convinced he was battling sex traffickers has been taken into custody after...
By MEGA MISTAKES 2021-09-11 22:15:55 0 11K
Trucking News
Schneider acquires 160 truck Wisconsin carrier
On Tuesday, Schneider announced that it has acquired a Wisconsin-based trucking company....
By MEGA MISTAKES 2022-06-07 21:52:00 0 11K
News | Truck Drivers Life | Social Network for Truck Drivers https://www.truckdrivers.life