•    "No tax on overtime raises questions about policy design, equity, and tax avoidance. An estimated 8% of hourly workers and 4% of salaried workers work FSLA-qualified overtime on a regular basis. We ballpark that an income tax deduction for overtime pay would cost $866 billion over ten years, before considering behavioral feedback. If overtime were also exempt from payroll tax, this figure rises to more than $1.3 trillion. A tax break for overtime pay would worsen horizontal inequities in the tax code, creating different tax rates among people with similar incomes. Tax proposals that favor one form of income over others create opportunities for tax avoidance." Source: The Budget Lab at Yale University 

•    "You’re making it more challenging for a more limited base to raise revenue, and from our perspective, the gaping hole that you have between revenues and spending, and the political appetite to keep the revenues low and the spending high, is creating sustained deficits. You’re accelerating the amount of our national debt, which we think is going to have severe long-term economic consequences." Source: Brett Loper, Executive Vice President of Policy for the Peter G. Peterson Foundation

•    "Introducing an exemption for overtime work would increase time spent on overtime decisions for employees and worker classification arrangements between employees and employers purely for tax purposes, distracting them from productive activity. While the proposed tax exemption would produce a small increase in the labor supply and long-run economic growth, there are more straightforward ways to do that, such as lowering statutory tax rates, that do not clutter up the tax code with more exemptions or lead to economically wasteful gaming…Trump’s No Tax on Overtime Pay proposal would unnecessarily complicate the tax code, increase compliance and administrative costs, and reduce neutrality by favoring certain work arrangements over others." Source: The Tax Foundation