The proposed bill, H. R. 8194, aims to change the tax rules so that people with second jobs don't have to pay income or payroll taxes on money earned from those jobs, as long as they meet certain criteria. It allows taxpayers to select a "primary employer" to determine...
Simple Explanation
The bill wants to change the rules so that if someone has a second job, they won’t have to pay certain taxes on the money they earn from it unless they earn a lot overall. This change would only last for five years, and the government plans to make sure important funds, like those for Social Security, won't lose any money because of this change.