S. 4310: No Tax on Overtime for All Workers Act
S. 4310 is a federal bill in the 119th Congress. Before this bill, all overtime pay was subject to federal income taxes just like regular wages. After this bill takes effect, workers can deduct qualified overtime compensation from their taxable income, meaning they will pay less in federal taxes on money… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.
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