News / gig-economy
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1 min read
No Tax on Overtime. Also No Overtime.
Read more . . . →The Big Beautiful Bill is bragging about “no tax on overtime.” Zero percent tax on overtime pay — a real thing they announced as a worker win. What they didn’t announce, in the same breath, is that the Department of Labor just proposed a rule making it dramatically easier to call your employees “independent contractors.” Independent contractors don’t get overtime. They don’t get minimum wage. They don’t get workers’ comp or unemployment. There’s no tax on overtime when there’s no overtime to tax. This isn’t an accident. The rule rolls back Biden’s 2024 contractor classification protections — the rule that...