A proposed tax-free overtime law could significantly impact how workers earn, save, and plan for the future.
While the ability to keep every dollar from overtime pay might seem like a huge financial win, the broader economic consequences could reshape employment, government funding, and long-term financial security.
While some workers would benefit from this change, others could experience unintended downsides, such as shifting job structures or reduced hiring, while funding for certain social programs is reduced.
Here are seven ways a tax-free overtime law could reshape your finances—for better or worse.
1. Bigger Paychecks for Overtime Workers
