Instead of Vote-Buying Tax Promises, Let’s Have Real Plans for Tax Relief
Reason cited CEI’s expert on exempting overtime pay
On a more serious note, the Competitive Enterprise Institute’s Sean Higgins thought exempting overtime pay “wouldn’t necessarily be a bad idea…but, overall, it is not likely to make that much of a difference to most workers because overtime isn’t that common.” He’d been more strongly supportive of exempting tips because that “would put more money directly in the pockets of working Americans without either costing employers more or raising prices for customers.” He also liked that freeing tips from taxation would “keep tipping out of the reach of the regulatory state.”
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