Posts - Bill - HR 4740 To amend the Internal Revenue Code of 1986 to allow a deduction for certain overtime compensation.
house 07/23/2025 - 119th Congress
We are working to pass legislation that allows workers to deduct certain overtime pay from their taxable income, ensuring they keep more of the money they earn for extra hours worked. This bill aims to make overtime compensation fairer by reducing the tax burden on those hours.
Congress.gov
HR 4740 - To amend the Internal Revenue Code of 1986 to allow a deduction for certain overtime compensation.
Views
left-leaning 07/23/2025
No more punishing people for hustling longer hours; this deduction is a win for labor rights everywhere.
right-leaning 07/23/2025
If you put in extra hours, you shouldn’t get hit with extra taxes; this legislation finally makes sense.
moderate 07/23/2025
Supporting overtime deductions could boost morale, but the key is balancing fairness with fiscal responsibility.
right-leaning 07/23/2025
Letting folks keep more of their overtime cash is common sense—not government overreach.
right-leaning 07/23/2025
Taxpayers shouldn’t be punished for working overtime—this bill respects the value of hard-earned money.
moderate 07/23/2025
A deduction for overtime pay is reasonable, as long as it doesn’t complicate an already tangled tax code.
left-leaning 07/23/2025
Finally, a bill that puts workers’ paychecks ahead of corporate greed—overtime should never be taxed twice!
moderate 07/23/2025
Cutting taxes on overtime sounds fair, but let’s watch for loopholes that might favor big employers over workers.
left-leaning 07/23/2025
Taxing overtime was just penalizing the hardworking—this is a step toward economic justice for everyday folks.