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The fresh Tax Base and you may Yale’s Budget Lab used in April one to federal money might possibly be reduced by $680-$866 billion away from 2025 in order to 2034 in the event the overtime pay was not taxed. The current law limits how many “secure personnel” to the top four large-compensated team. It also exempts compensation out of publicly replaced companies to your the total amount one write-offs is actually disallowed less than Password § 162(m).
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