No overtime taxes.

Raynine

Platinum Member
Joined
Oct 28, 2023
Messages
760
Reaction score
1,116
Points
918
This is why I voted for Donald Trump:

Years ago, I thought to myself that taxing overtime pay at a higher rate was unfair to average workers. I had a wild thought: what if overtime pay was tax free? I mentioned this to one of my coworkers and he laughed. “Yeah, good luck with that”. Well, Donald Trump is floating that idea, and I think it’s a long time coming.

It must have been about twenty years ago, but I recall being told by the company I worked for that mandatory overtime was the new rule. All the salaried workers got the weekend off but regular rank and filers like me had to work Saturdays and even Sundays. One day I told my boss that I did not want to work on Saturday. He said, “No exceptions”. I said I was not working. About an hour later I got visit form higher-up who wanted to know what the problem was, in an Indian accent of course.

I told him I had other plans, and he said we work mandatory overtime here and if you don’t like it, you know where the door is. I worked Saturday like I worked every Saturday. I retired after 30 years there.

Overtime pay should not be taxed because it is essentially a punishment for working harder and longer especially if it is mandatory. I would like to see income taxes on overtime pay eliminated for workers today even though I will not benefit from it. Companies pay a higher rate for overtime pay and the government should not be entitled to steal that money through extra taxes that push a worker into a higher tax bracket. Does anyone recall any Washington swamp politician calling for no overtime taxes on average workers?

Donald Trump is doing that and he is known for saying what he means and doing what he says. Washington swampers are now being exposed for the kleptocrats they are, and they are not happy.
 
Last edited:
It isn't going to happen.
 
I now want to be paid in tips only because it's unfair to pay taxes on non-tips.
 
I think the OP is doing their taxes wrong if they're paying a higher rate on their overtime ...

ETA: Except withholding taxes may be higher during the pay period in question ... but that all comes out in the wash at the end of the year ... the government will withhold more money than you owe, and pay you back when you file your returns ... the government doesn't trust you ... ever thought "why?" ...
 
This is why I voted for Donald Trump:

Years ago, I thought to myself that taxing overtime pay at a higher rate was unfair to average workers. I had a wild thought: what if overtime pay was tax free? I mentioned this to one of my coworkers and he laughed. “Yeah, good luck with that”. Well, Donald Trump is floating that idea, and I think it’s a long time coming.

It must have been about twenty years ago, but I recall being told by the company I worked for that mandatory overtime was the new rule. All the salaried workers got the weekend off but regular rank and filers like me had to work Saturdays and even Sundays. One day I told my boss that I did not want to work on Saturday. He said, “No exceptions”. I said I was not working. About an hour later I got visit form higher-up who wanted to know what the problem was, in an Indian accent of course.

I told him I had other plans, and he said we work mandatory overtime here and if you don’t like it, you know where the door is. I worked Saturday like I worked every Saturday. I retired after 30 years there.

Overtime pay should not be taxed because it is essentially a punishment for working harder and longer. I would like to see income taxes on overtime pay eliminated for workers today even though I will not benefit from it. Companies pay a higher rate for overtime pay and the government should not be entitled to steal that money through extra taxes. Does anyone recall any Washington swamp politician calling for no overtime taxes on average workers?

Donald Trump is doing that and he is known for saying what he means and doing what he says. Washington swampers are now being exposed for the kleptocrats they are, and they are not happy.

Then get rid of all tax, because all tax is "punishment". In fact, just give universal basic income, everyone deserves to be give money too.
 
If you work 50 hours a week then that pushes you into a higher tax bracket even though you spent all your free time working instead of enjoying time off. So I was right all along. Regular wokers that are forced to work overtime are essentially paying for the government to steal their money.
 
Last edited:
Donald Trump wants to help Americans who need the most help. Simple as that. No taxes on tips or overtime. We'll make up for the lost revenue easily with DOGE cutting Federal waste, fraud and abuse.
 
Does anyone recall any Washington swamp politician calling for no overtime taxes on average workers?
 
If you work 50 hours a week then that pushes you into a higher tax bracket even though you spent all your free time working instead of enjoying time off. So I was right all along. Regular wokers that are forced to work overtime are essentially paying for the government to steal their money.

Tax Brackets (the percentage Income Taxed on wages) is not dependent on whether it was straight time (1-40 hours) or overtime (>40) per week.

The only way your tax rate goes up is when your adjusted gross income exceeds certain thresholds.

WW


1739233245597.webp
 
I think the OP is doing their taxes wrong if they're paying a higher rate on their overtime ...

ETA: Except withholding taxes may be higher during the pay period in question ... but that all comes out in the wash at the end of the year ... the government will withhold more money than you owe, and pay you back when you file your returns ... the government doesn't trust you ... ever thought "why?" ...
government only withholds what you tell them too,

you can set it up that they almost dont withhold anything,,



 
Does anyone recall any Washington swamp politician calling for no overtime taxes on average workers?
 
Overtime pay should not be taxed because it is essentially a punishment for working harder and longer especially if it is mandatory.
Have to disagree, Ray. OT is paid at time and a half or double time by rank and file, hourly workers as an incentive. If it raises your tax bracket then you are encountering what everyone has been calling "tax cuts for the rich." Income is income and it should all be taxed or none of it should be taxed. I would like to see none of it taxed, but as long as even one person is taxed on their income, everyone should be taxed on their income.
 
Back
Top Bottom