Trump made a similar promise at his own rally in the city in June — though neither he nor Harris are likely to be able to fully do that without actions from Congress.
Maybe we should talk about the history behind taxing tips…and Social Security checks. Hint: it was Ronald Reagan and he raised them to pay for cutting taxes for the wealthy and corporations
It always comes back to Reagan. This is what happens when you elect an actor celebrity with fucking active dementia to office. He becomes a useful tool to enact policy that the general public does not benefit from because he can remember the lines and deliver it in a package that they are willing to swallow.
Because, in the vast majority of cases, those who are getting tips don’t even get guaranteed standard minimum wage, but something substantially lower. Most of the time, these are people who are going to get an EIC anyway, so just let them keep it in the first place.
And, if we get rid of tipping and pay them a fair wage then all of the smoke and mirrors / abuse goes away. Further, maybe you shouldn’t be paying much if any taxes on 60k/year…
Quit falling into the logic trap that this is a fight between those who don’t get enough. The rich need to be paying a hell of a lot more and the poor need to be paying a hell of a lot less.
Most of them don’t already. They just don’t report cash tips on their taxes. This was a cheap way for Trump to gain votes, so Harris went along with it.
https://www.upi.com/Archives/1983/02/05/New-Internal-Revenue-Service-rules-for-reporting-tips-have/9750413269200/?utm_source=fark&utm_medium=website&utm_content=link&ICID=ref_fark
Thank you! I did not know that.
It always comes back to Reagan. This is what happens when you elect an actor celebrity with fucking active dementia to office. He becomes a useful tool to enact policy that the general public does not benefit from because he can remember the lines and deliver it in a package that they are willing to swallow.
Let’s not do it again.
So many people worshipped this fucking asshole for decades. All it takes to impress a large number of Americans is a couple of cruel quips.
So much that is wrong with our country now was put into motion by that shitstain and his cadre.
Why shouldn’t people pay taxes on tips, though? I pay taxes on 100% of my income…
My answer would be that there shouldn’t be tips. Everyone should be receiving a living wage and tips should be relegated to the vulgar past.
I agree, but that’s not an answer to my question. It’s an answer to a different question.
Because, in the vast majority of cases, those who are getting tips don’t even get guaranteed standard minimum wage, but something substantially lower. Most of the time, these are people who are going to get an EIC anyway, so just let them keep it in the first place.
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And, if we get rid of tipping and pay them a fair wage then all of the smoke and mirrors / abuse goes away. Further, maybe you shouldn’t be paying much if any taxes on 60k/year…
Quit falling into the logic trap that this is a fight between those who don’t get enough. The rich need to be paying a hell of a lot more and the poor need to be paying a hell of a lot less.
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I’m not mixing anything. I am very consistently advocating for:
Most of them don’t already. They just don’t report cash tips on their taxes. This was a cheap way for Trump to gain votes, so Harris went along with it.