On that "no tax on overtime" bait

[RickHworth]

Out of conversation with my other associates with a different position on this election outcome, "No taxes on overtime will be a great thing!"
I chose not to further the conversation, to the surprise of some.
When will they realize that the tax that they are not paying is part of the Social Security tax contribution. But then again it will further the notion that Social Security is going broke.
I know that my retirement plan is based on not only 401K but the estimate is based along with Social Security.

[badhair77]

1. He openly bragged to one group that he didn't pay overtime.

He hired others to complete the job. No scruples.

[calguy]

2. What they'll be getting is no overtime pay at all

Project 2025 has a provision that calls for the elimination of the 40 hour work week, and changing to the 160 hour work month, so that overtime is only paid after putting 160 hours in a month. That means that employers can require employees work 50 hours one week, and cut their hours the next week to 30, thereby never having to pay overtime again.

[LizBeth]

3. No, they need to know Republicans have been wanting to rid SS so no need for that tax.

[Vinca]

5. They should also be aware it will affect what they get when they're eligible for SS.

If a waitress makes whatever the minimum hourly wage is (usually pretty sad) but then brings in $500 a week or more in tips, her SS payment will be based on just the peanuts base pay. They might be looking at not qualifying for $1,000 or more a month if it was based on wages and tips. It probably doesn't mean much to a young person who'd rather have the extra money now, but someday they may regret it.

[jmowreader]

6. Also consider...

Many employers have very strict anti-overtime policies. When I worked retail we’d be written up for going over hours without good reason…if you were, say, stuck on shift mixing a massive paint order for a customer and went over that day, you had to leave early the next day.

What good is “no tax on overtime hours” if you get punished for accumulating overtime hours?

[Igel]

7. There's not enough information to discuss that bit of Trumpiana.

"No tax on overtime." Was he talking federal income tax? Payroll taxes?

Did he mean to imply a federal tax reimbursement for any local or state income taxes on it?

What about unemployment tax?

Who knows? He doesn't, so talking about what he means when he hasn't said what he means is unconstrainted fantasy.

When it gets to Congress--if it gets to Congress--then there'll be discussionable details. Until then ...