I remember being young and the first time I worked a solid two months straight and thinking of the check I would get in the end. Ouch. Didn't volunteer for anymore of that.
With all of the government waste, it’s obvious we are already paying too much in taxes. Let’s start with getting rid of paying teams of geologists to hike all day and calling it work.
The main problem with overtime taxes is that a worker is pushing themselves into a higher tax bracket while working more typically into make ends meet.
It flies in the face of the supposed 40 hour work week that is generally accepted in the USA. If you work more than those hours, it should all be profit IMO. Anything over 40 should be between the company and its employees without the bloated federal government taking a cut. Treat it as a untaxable bonus to make it more worthwhile for the workers.
The problem with this exchange is Throbber views revenue as money Elon takes into Tesla, while Ern, as a government employee, views tax payments as “revenue.”
Two different things and indicative of how Makers (Throbber) view tax confiscation compared to Takers (Ern) view it as income.
It might even be a good idea. I have no opinion. Let's crunch those numbers and see the impact.
It might also be populist pandering. Don loves to make blustery promises he can't or won't keep. Dude is one bad poll from promising to eliminate all taxes.
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I remember being young and the first time I worked a solid two months straight and thinking of the check I would get in the end. Ouch. Didn't volunteer for anymore of that.
Curious to see the revenue from this.
Biden/Harris extended OT eligibility to 4 million salaried workers.
There's talking the talk and then there's walking the walk. Should be a good game.
With all of the government waste, it’s obvious we are already paying too much in taxes. Let’s start with getting rid of paying teams of geologists to hike all day and calling it work.
Ummm
If OT isn’t taxable , there is no revenue.
Elon will make it up by cutting expenses.
As it should be.
The main problem with overtime taxes is that a worker is pushing themselves into a higher tax bracket while working more typically into make ends meet.
It flies in the face of the supposed 40 hour work week that is generally accepted in the USA. If you work more than those hours, it should all be profit IMO. Anything over 40 should be between the company and its employees without the bloated federal government taking a cut. Treat it as a untaxable bonus to make it more worthwhile for the workers.
That's a foreign concept to a leftist
There's revenue from it currently, ya dingus.
The problem with this exchange is Throbber views revenue as money Elon takes into Tesla, while Ern, as a government employee, views tax payments as “revenue.”
Two different things and indicative of how Makers (Throbber) view tax confiscation compared to Takers (Ern) view it as income.
Oi vey
I would be lamenting too if I played the fool each and every post.
.
Party of the working man
We can't give you a break on OT tax because revenue
Incredible
There hasn't been a true 40 hour workweek since about 1990.
You still get it back at the end of the year... but yes at the moment of payout OT is taxed higher.
It might even be a good idea. I have no opinion. Let's crunch those numbers and see the impact.
It might also be populist pandering. Don loves to make blustery promises he can't or won't keep. Dude is one bad poll from promising to eliminate all taxes.
EWIWBI
Look forward to you crunching them and reporting back.
And let us know what the numbers are when Kamala copies him
Revenue is something where you provide value to a customer and they give you money for it on their own free will.
Promises he won't keep, you mean like not banning fracking....
What are the numbers on paying off student loans?
Anyone run the numbers on not taxing tips?