No tax on overtime

Pullman Brown

Well-Known Member

I agree with Rand Paul. You can’t add to the deficit. You have to call balls and strikes! It’s hypocritical! I knew they would do this and Trump and the so called fiscal conservatives which they are only in name only are not wise and not helping long term if this passes!
 

JL 0513

Well-Known Member
The problem isn't the lower taxes, but rather the out of control spending. The big problem is that the bulk of our spending is the obligations on autopilot. Medicare, Social Security, Medicaid, national defense, and now interest on the debt surpassing defense spending. No one has the will to fix entitlements and the population would just burn the country down if they did. Therefore, we will go bankrupt and have nothing instead of reasonable cuts now. Sorry, but the retirement age has to be phased upwards. The collection ages were set when people lived decades less.
 
The problem isn't the lower taxes, but rather the out of control spending. The big problem is that the bulk of our spending is the obligations on autopilot. Medicare, Social Security, Medicaid, national defense, and now interest on the debt surpassing defense spending. No one has the will to fix entitlements and the population would just burn the country down if they did. Therefore, we will go bankrupt and have nothing instead of reasonable cuts now. Sorry, but the retirement age has to be phased upwards. The collection ages were set when people lived decades less.
Kids always kicked the can down.The road
 

JL 0513

Well-Known Member
Kids always kicked the can down.The road

It's human nature.

Everyone will always be happy to except whatever they can get from the government even knowing the consequences. Even conservatives who don't believe in such a handout will accept the handout for themselves. Example: I'm against the $7,500 EV tax incentive but if I bought an EV, then of course I'll gladly take it and so won't anyone else.

Politicians have to please every constituency that gets anything from the government. This is why it'll never stop until it's too late.

Look at how many people went crazy because of identifying USAID for cuts. That's just a discretionary item (not entitlement) and people were out with pitchforks.
 
It's human nature.

Everyone will always be happy to except whatever they can get from the government even knowing the consequences. Even conservatives who don't believe in such a handout will accept the handout for themselves. Example: I'm against the $7,500 EV tax incentive but if I bought an EV, then of course I'll gladly take it and so won't anyone else.

Politicians have to please every constituency that gets anything from the government. This is why it'll never stop until it's too late.

Look at how many people went crazy because of identifying USAID for cuts. That's just a discretionary item (not entitlement) and people were out with pitchforks.
The rest of the world has raised their social security age
 

Wally

BrownCafe Innovator & King of Puns
Will Dems that absolutely hate President Trump refuse this welfare of no tax on overtime? Will they send in that voluntary check to the IRS come April? Make no mistake, the government will borrow money to pay for it.
 

nWo

Well-Known Member
Will Dems that absolutely hate President Trump refuse this welfare of no tax on overtime? Will they send in that voluntary check to the IRS come April? Make no mistake, the government will borrow money to pay for it.

Dems aren't against a tax break for the working class. Their main issue is the massive cuts to social safety nets to pay for tax cuts for billionaires.
 

Bubblehead

My Senior Picture
Will Dems that absolutely hate President Trump refuse this welfare of no tax on overtime? Will they send in that voluntary check to the IRS come April? Make no mistake, the government will borrow money to pay for it.
A Scottish Historian named Alex Fraser Tyler wrote this was back in 1790:

~A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship.

The average age of the world’s greatest civilizations from the beginning of history has been about 200 years. During those 200 years, these nations always progressed through the following sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to complacency; From complacency to apathy; From apathy to dependence; From dependence back into bondage.~

Looks about right, eh?
 
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Wally

BrownCafe Innovator & King of Puns
A Scottish Historian named Alex Fraser Tyler wrote this was back in 1790:

~A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship.

The average age of the world’s greatest civilizations from the beginning of history has been about 200 years. During those 200 years, these nations always progressed through the following sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to complacency; From complacency to apathy; From apathy to dependence; From dependence back into bondage.~

Looks about right, eh?
We are doomed. I do not see us getting out from under this debt.
 

Phineas

Active Member
A Scottish Historian named Alex Fraser Tyler wrote this was back in 1790:

~A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship.

The average age of the world’s greatest civilizations from the beginning of history has been about 200 years. During those 200 years, these nations always progressed through the following sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to complacency; From complacency to apathy; From apathy to dependence; From dependence back into bondage.~

Looks about right, eh?
We are not a democracy we are a republic.
 
How did you calculate your total OT for the year? When I saw your post and went and looked at the last paycheck from 2024 and I don’t see a total. I only see total hours worked. No breakdown.
Take you hourly rate X 2080 hours and the amount over that should be pretty close to how much you made in overtime

If you want an exact amount, you have to take into consideration your vacation pay because you get paid for more than 40 hours at straight time.
 
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