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To: IbJensen
It never gets much print space or air time, but one thing that has always bothered me is paying taxes on overtime work.

If taxes could only be charged on no more than 2080 hrs a year people would learn the value of work.

The guy that makes 100k working 3000 hrs shouldn't pay as much as someone making the same for 1800 hrs.

6 posted on 11/28/2011 4:34:21 AM PST by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: Beagle8U
In every job I've ever worked, most people knew exactly how much overtime they could work without bumping themselves up into a higher tax bracket for the pay period.

That was the only proof I ever needed that raising taxes disincentivizes work. "Sorry, I wish I could help you, but if I work that shift, they'll take it all out in taxes anyway."

I agree with you, BTW, but I doubt we'll ever see it happen.

Excellent column by VDH.

14 posted on 11/28/2011 5:25:41 AM PST by susannah59
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