So about that no tax on overtime...

[Lily]

"To start, the

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that the tax break only pertains to a portion of overtime pay, or the “‘half’ of ‘time and a half pay’, required under the federal Fair Labor Standards Act.”

For example, if a worker makes $40 an hour, then their time and a half overtime would amount to $60 an hour. Of that $60, only $20 (the “half” part of “time and a half”) remains tax-free.

Additionally, “no tax on overtime” is a federal income-tax change only. State and local income taxes still apply (unless your state separately conforms), and Social Security and Medicare taxes are still withheld on all wages, including overtime.

As well,

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to how much overtime pay remains tax-exempt: $12,500 per person annually, or $25,000 for people filing together. Earners who make more than $150,000 (or $300,000 combined between two people filing together) are not eligible for tax-free overtime pay."

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[Joe]

...is that a 'gotcha' @Lily?

 

[Reggie_Essent]

So in Lily and Joe world, taxes can only go up and never be reduced, ever, for any reason.

Spoken like true taxpayer leeches who suck their livings from other people's taxes.

 

[Admin.]

So in Lily and Joe world, taxes can only go up and never be reduced, ever, for any reason.

Spoken like true taxpayer leeches who suck their livings from other people's taxes.

Step it up Rage, that was week and non responive

 

[Reggie_Essent]

Step it up Rage, that was week and non responive

What's "responive?" Is that something one of your hobos does?

 

[Joe]

So in Lily and Joe world, taxes can only go up and never be reduced, ever, for any reason.

Spoken like true taxpayer leeches who suck their livings from other people's taxes.

Since you are a well-to-do upper class American taxpayer, you should pay more Reggie.

Like that @Lokmar fellow over at TBC, Clearly you haven't paid your fair share @Reggie_Essent

 

[Lily]

What's "responive?" Is that something one of your hobos does?

petty

 

[Lily]

...is that a 'gotcha' @Lily?

For those that voted for him based on his policies, very likely.

 

[Courier 6]

What's "responive?" Is that something one of your hobos does?

Only during the week, evidently.

 

[Courier 6]

For those that voted for him based on his policies, very likely.

Not at all. So only the overage is un-taxed. Who thought the whole thing would be? Did you? Are you anti-tax now, or pro-tax?

Do you even know what your position is on this? Or do you even have a position on this beyond the usual anti-Democratic squealing?

Because, "You should all be afraid and ashamed for voting in your own interest instead of in the interests of the Administrative State!" isn't really much of a position worth being loud and proud about.

 

[The Prowler]

No Tax on Overtime


is a stupid policy.

 

[Admin.]

No Tax on Overtime


is a stupid policy.

Hey Yowler, I took a shower this morning! Yuo jealous?

 

[The Prowler]

Hey Yowler, I took a shower this morning! Yuo jealous?

Jealousy is for losers.

 

[LotusBud]

So in Lily and Joe world, taxes can only go up and never be reduced, ever, for any reason.

Spoken like true taxpayer leeches who suck their livings from other people's taxes.

How did she in any way say that?

 

[Reggie_Essent]

How did she in any way say that?

It wasn't implied? Then why do Leftist Shitbags always, always, always complain about tax cuts?

 

[LotusBud]

It wasn't implied? Then why do Leftist Shitbags always, always, always complain about tax cuts?

You implied it in your own pea brain.