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Really ?
Well seeing you are so good at math .. how about you come up with an answer
We'll plug in numbers to make it easy $20 dollars an hour … time and a half for over time .. total tax load of 50% (federal, SS, Medicare, and state taxes)
What is his tax on 20 hours of over time ?? if I have it figured right … it would be an additional $350 dollars .. . is that not equal to 10 hours of overtime pay ?
Your total tax load is not 50% and if you work 20 hours of overtime, you make twice as much overtime than if you worked 10 hourse of overtime :duh: