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Give workers an overtime differential federal tax credit if they work at multiple jobs totaling more than 40 at a rate less than a living wage but collecting no (or insufficient) overtime pay. Assess a penalty to businesses of more than 50 employees for their fair share of this externalized cost UNLESS the part-time work for their portion of the employee's work is already at a living wage. (A living wage, more than the minimum wage, would need to be defined, but let's assume $15/hr.)

Submitted by Kent Pitman in Taxes & Budget Dec. 26, 2014, 1:36 p.m.
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Citation: http://open.salon.com/blog/kent_pitman/2013/08/10/the_overtime_loophole

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