On Trump’s Tax Proposals: Overtime

THE PROPOSAL: No taxes on overtime pay.

RATIONALE: Encourages hard work.

REBUTTAL: As with tips, income is income. This proposal will encourage the manipulation of records for the purpose of tax evasion and will actually deter employers from hiring additional needed employees.

ANALYSIS: This is an exceptionally stupid idea with no obvious constituency.

PROGNOSIS: Forget about it. It won’t happen.