ISlapYou - you forget that the money used to make the investment in the first place was already taxed when it was first paid via paycheck.  The dividends and capital gains tax is ON TOP OF the ordinary income tax already paid.

Yes, it was a bad, misguided comparison. A much better one I've heard/seen is when a parent/leader/teacher holds up a $5 dollar bill and asks who would like to have it. Then the $5 dollar bill is crumpled up, thrown on the ground, and stomped on, and the question is asked "now, who wants it?", which of course everyone ...more

Yes, it was a bad, misguided comparison.  A much better one I've heard/seen is when a parent/leader/teacher holds up a $5 dollar bill and asks who would like to have it.  Then the $5 dollar bill is crumpled up, thrown on the ground, and stomped on, and the question is asked "now, who wants it?", which of course everyon...more

sgpana, your "rule" does not work for everybody.  Many people bust their butts to earn a lot of money, then one day realize that money doesn't buy happiness, and they wish they had more time to be with family and friends.  Alex Agner had it right, as long as the employee gets to choose, it's a good thing.

The article says the employee could choose to take either overtime or more vacation, and could later cash out the vacation if wanted.  Yes, the cashed-out vacation will most likely be at 1x pay, not 1.5x pay, but some people might still prefer more vacation time.  Options are good.

It looks like a lot of commenters here saw "GOP proposes" and immediately starting raging against this, or just didn't read the whole article.  The article says the legislation "would ALLOW employees who work more than 40 hours a week THE OPTION of taking paid time off instead of overtime pay. . . . It would LET AN EMP...more

There are lots of people who think that the government, or in this case a business, should provide more services, but they always want someone else to pay for it.  If Regal asked the average movie-goer if they would support a dollar-per-movie-ticket increase in order to support paying for part-time workers' insurance (...more

Funny.  Still . . . call me dense . . . I don't get the "animal movies make them airline pilots".  A "Madagascar" reference?  ;)

Thanks Empson.  I realized I first had a problem a few years ago when I noticed my DVR was filled with over a hundred hours of TV shows that I hadn't gotten around to watching yet.  My first thought was "I'm gonna have to clear out a whole weekend to get caught up!"  My second thought was, " . . . or I could just delet...more