re: Big beautiful bill-No tax on OT- Plant Work

Lol so it sounds like this is going to apply much moreso to relativity low level people and most plant baws will see very little reduction in taxes.

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Why they decided to pick and choose overtime and tips is beyond me.

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Surely you aren’t serious? This is completely aimed at the blue collar and working class. OT is a reward for working extra, beyond the typical 40 hour. Someone who busts their arse in a plant for a 50-60 hour week will appreciate not having the “privilege” of paying more to the federal government to support transgender mice research. And they’ll appreciate way more than a salaried manager who pushes a pencil in an air conditioned office.

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Surely you aren’t serious? This is completely aimed at the blue collar and working class. OT is a reward for working extra, beyond the typical 40 hour. Someone who busts their arse in a plant for a 50-60 hour week will appreciate not having the “privilege” of paying more to the federal government to support transgender mice research. And they’ll appreciate way more than a salaried manager who pushes a pencil in an air conditioned office.

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Oh frick off.

That 70-90% bracket gets fricked, ONCE AGAIN.

The rich don’t pay enough and the middle and lower don’t pay shite. Those of us who make good money, far from rich and far from poor, seem to tote the whole goddamn system.


ETA- Most people in that 70-90% are working far more than 40hrs/wk.

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Surely you aren’t serious? This is completely aimed at the blue collar and working class. OT is a reward for working extra, beyond the typical 40 hour. Someone who busts their arse in a plant for a 50-60 hour week will appreciate not having the “privilege” of paying more to the federal government to support transgender mice research. And they’ll appreciate way more than a salaried manager who pushes a pencil in an air conditioned office.

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Your presumption people who make a salary vs. hourly never work "overtime" is quite hilarious. Also that salaried people all just work in an office and are paid handsomely

Also hint - there are plenty of hourly people out there with cushy desk jobs, in case you werent aware.

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How much overtime are cushy desk job hourly employees working? I’ve never seen this personally. My overtime was always working an additional shift at the bar during holidays. The desk people always went home.

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My company owns more than a dozen water/recon restoration brands across the country and many of these brands have hourly desk people and most of them work regular overtime.

As long as I've been working I've seen plenty of hourly people inside a building have to work plenty of OT. Salary people as well. It's completely normal for me to put in 45-50 hour weeks as a salaried person. Not to mention travel for salaried workers if that's part of your job.

For some reason people have this perception executive level people never really work either, how do you think they got into those positions? Every executive basically I ever worked with worked their arse off to ultimately end up in those positions and I dont know that any of them work less than 50 hours a week and basically are never really "off". At least when a shift ends, you're done. They have to be on literally 24/7. I get emails from executives at my company at midnight, 1 AM almost on the regular

Again your notion is just flat out wrong.

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It's just no tax on the overtime PREMIUM, meaning not ALL your overtime earnings are untaxed, just the premium portion.

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This is not correct at all. People with FLSA-qualified overtime can claim a tax deduction for the overtime that they make (the full time and a half over 40).

However the entire amount of overtime will still be subject to FICA and state taxes.

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Your hourly employees are making $20-30 an hour. Thats max $1200 a week or $60k a year and many are less than that. You arguing for taxing their overtime while you make $300k or more a year is why Mitt Romney Republicans lost every major election before MAGA took over

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My math might be bad, but as I understand this to work and based on a 52 week year, a single person working 2600 hours for the year at $30/hour would save $33/week. It’s not nothing, but it’s not huge in the grand scheme of things. Policy to lower cost of living would be better, IMO.

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This is such a straw man. Of course executives work. They are also handsomely compensated. I am W2 but also have a side consulting business. I regularly work 50-60 hours a week. I also make over $350k a year. Your hourly employees are making $20-30 an hour. Thats max $1200 a week or $60k a year and many are less than that. You arguing for taxing their overtime while you make $300k or more a year is why Mitt Romney Republicans lost every major election before MAGA took over.

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Again throwing stuff out there that makes no sense. There are PLENTY of salaried people making way way way less than six figures. Why do they get none of this pie?

Again this just makes no sense, and just kind of picking and choosing certain types of pay. My wife makes $75/hr, she can actually get no tax on her overtime premium if this passes (up to income limit). Someone making a salary of $50k gets zero benefit, dont care if you make $300k or $50k salary, why do salaried people, people who get bonuses(and salaried), people who get commission (and salaried) get literally zero benefit of this? Why just folks who get tips and overtime? I mean overall, it's probably because the overall hit to tax income isnt that great...but it's definitely very picky and choosy. There's TONS of people on salary that get paid very similarly to those get to work OT and get Tipped.

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get literally zero benefit of this?

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Considering 90% of all taxpayers take the standard deduction, raising the standard deduction benefits almost everybody.

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standard deduction

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Standard deduction is adjusted for inflation every year and it going up will definitely help people. The standard deduction is also not the topic of discussion here.