this post was submitted on 14 May 2025
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@LandedGentry@lemmy.zip points out that the OP is mistaken.

Removing tax on overtime and tips are included in the bill.

https://www.cbsnews.com/amp/news/trump-tax-cuts-overtime-social-security-senior-deduction/

But they’re pulling the same bullshit as last time. Permanent for businesses, temporary for us.

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[–] JasonDJ@lemmy.zip 3 points 8 hours ago

This is what I don't understand...taxes are on net income. IRS treats a dollar from overtime the same as it treats a dollar from wages.

People see a higher percentage taken out on paychecks because their payment processor is dumb and it assumes that your wages this week will be representative of all weeks for the remainder of the year, in which case you haven't been paying enough taxes so far this year, so it's trying to make it up.