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Trump comes out in favor of abolishing taxes on all pay for overtime hours worked


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Posted
9 hours ago, ThePopStop said:

Hun, I have an engineering degree and master's. I'm probably much, much better than math than you. 
 

Go take some meds for your TDS.

well-so-im-done.gif

 

ot; dumb***

 

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Posted
11 hours ago, spree said:

or better yet, no one is allowed to work overtime.  They kinda already do that.

Why would they try to decrease overtime hours more than they already do? 

Posted
2 minutes ago, family.guy123 said:

Why would they try to decrease overtime hours more than they already do? 

So they dont have to pay more, including health insurance benefits and any other benefits associated with the amount of hours averaged per week. 

Posted
1 hour ago, Mariya Takeuchi said:

well-so-im-done.gif

 

ot; dumb***

 

FACTS

  • Haha 1
Posted
9 hours ago, Smarticle said:

The flexing of Masters degrees :deadbanana2:

Ikr 

 

Plus, that gets trumped by the flexing of a PHD in common sense. Anyone with a brain knows that Trump only helps rich people. 

Posted
13 minutes ago, spree said:

So they dont have to pay more, including health insurance benefits and any other benefits associated with the amount of hours averaged per week. 

But those things are already happening. Why would not taxing overtime hours make that situation worse? 

Posted
9 hours ago, Smarticle said:

The flexing of Masters degrees :deadbanana2:

I even saw someone flex an Econ 101 course :deadbanana2:

  • Haha 4
Posted
3 hours ago, family.guy123 said:

Circumvent what?

The sudden increase in employees competing for overtime hours and more requests for overtime? 

 

Posted
14 hours ago, ThePopStop said:

Hun, I have an engineering degree and master's. I'm probably much, much better than math than you. 
 

Go take some meds for your TDS.

Wow, you thinking Economics = math :rip:.  Someone with a Master's in anything should have better critical thinking skills than that.

Posted
11 minutes ago, DougAF said:

The sudden increase in employees competing for overtime hours and more requests for overtime? 

 

But the proposal doesn't mean that employees are allowed as much overtime as they want, just that they won't pay taxes on the overtime they do work. 
 

Employers already try to limit the amount of overtime hours worked by employees. This proposal has nothing to do with that. 
 

For a simple example, let's say someone earns $500 in overtime. Instead of giving $250 to the employee and $250 to the government (on the employees behalf), the full $500 is going to the employee. The cost is the same, so why would employers all of a sudden start cutting overtime hours more than they already would be? 
 

 

Posted (edited)

This is stupid but everything he says is so...the only weird thing is the op talking about not taxing tips? What does that have to do with it? Waiters get paid 1.50 an hour and that gets taxed, do you want them to starve? Obviously they should be making an actual wage because America is the only country that has this garbage tip thing but it's still an odd stance and comparison 

Edited by anastaciabby
Posted
16 hours ago, family.guy123 said:

But those things are already happening. Why would not taxing overtime hours make that situation worse? 

Because it's stupid and basic economics, you can't spin it any better

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Posted

So no taxes go to Federal, State, FICA and SS. 
 

so no Social Security. That's a big no.

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