Trump just announced a No Tax on Overtime Pay policy!
🏆 - WINNING - 🏆
Wow!
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I think he is creating problems for himself. What if employers decide to tip their employees instead of pay them? Or, what happens if people are employed for zero hours but can do as much overtime as they like?
Over 40 is OT, and as others stated, the plan is to eliminate income tax completely in the long run.
I've been saying this for years in private and months on GAW.
The only tax for the average American citizen will be sales tax.
No property tax. No inheritance tax.
How did I know Trump was going to go this direction? Turns out if you pay attention closely enough, it can seem like one 'knows everything.'
I thought they were serious when they said this is an "elite research site"...?
The truth is NOT for all men, but only for those who SEEK it.
Yeah.
I didn't mean for my comment to come off jerkish…
You are right on the money friend!
You clearly pay attention to the big picture more than most if you saw this coming too.
I think it's gonna happen sooner than we all thought possible.
How is not paying taxes a bad thing?
I don't think he cares. I think the point is the income tax is going to be abolished.
If you tip your employee rather that pay them, seems to me that the tip could not be written off by the employer causing the employer to pay tax on it as part of his/her income.