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178

President Trump announces a new plan to eliminate all taxes on OVERTIME pay.

"The people who work overtime are among the hardest working citizens in our country -- When you pass 40 hours a week, your overtime hours will be tax free."

>President Trump announces a new plan to eliminate all taxes on OVERTIME pay. >"The people who work overtime are among the hardest working citizens in our country -- When you pass 40 hours a week, your overtime hours will be tax free."
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[–] • 0 pt

Trump's goal is to revitalize/incentivize the workforce. Extra tax penalty for working 40hrs or less wouldn't do that.

I remember the day I discovered working a couple of hours of OT per week put me in a higher tax bracket and I took home only a couple of extra dollars for those last 2 hours. Trump's plan would eliminate that discouraging feature. Oh the extra money I could have made in my early years with Trump's tax plan!

[–] • 2 pts

Any normal hours are still taxed. That means if you're not working yourself to death, if you're not neglecting family and friends, each dollar you earn is taxed more heavily than those who slave away.