Ehh this one I’m not a big fan of. Do a more general like “under $35k no tax” but no tax on tips leaves out minimum and low wage workers who just so happen to not make tip income.
Am I missing something here?
this post was submitted on 12 Aug 2024
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Agreed, and encourages employers to keep pushing tipping onto everyone. I already thought it was bad, I don't want to have to pay a tip at every store I go to. I'd much rather have a set price and employees make a living wage even if it's a little more expensive
The government wants more data. It feels like it's a common unspoken rule that tipped employees don't claim cash tips.
So it seems like "hey, since you lie to us to keep your cash tips and it's optically bad and a waste of IRS resources to even pursue you, just tell us how much you actually made for data collection reasons and we'll ignore it"
Even if they weren't taxing it there's no way in hell I would tell them about my tips
How about getting rid of tops Tips and pay your employees?
Or do both.
Dems want to raise base pay, and the GOP does not, so they keep lobbing things like this over the fence.
By saying tip won’t get taxed, you knee cap their stupid plan and can focus the conversation on raising base pay.
Not taxing tips is the government subsidizing businesses that underpay their employees. And makes eliminating tipped wages harder as the tipped take home pay will be that much higher.
Yeah, but you’re going to lose at the ballot box with that.
If Harris is smart she will remove Trump’s no-tip differentiator, and go bigger. Go bigger by saying “Americans are sick of 20% and 25% tip buttons on everything. Pay better wages.”
Dunno if you're aware but the president can't do that
The president can't unilaterally decide whether tips are taxed or not either.
This article is not discussing an action Harris can or will take. This is discussing policies she supports- she can use political influence to help get it through and past Congress.
This applies to like 95% of all political discourse by the way. People want to blame the president because it's easier to blame one name and face than to try to pick out one of the hundreds in Congress.
This is such an unfair policy. Tax ~25% of the income of only people who get tips? I I don't get it.
You pay taxes on tips? Not only are you not paying Your workers, and expect them to live on customers generosity, but You also tax the money that you don't pay them.
Income is taxed, yes.
Tips are more like a gift than income. I'm fine not taxing tips, but also getting rid of sub minimum wage for tipped workers. Pay min, at least and tax that. Tips are extra and shouldn't be taxed.
The business isn't paying their workers, but they're not taxing the tips, the government is, like it taxes all wages. Realistically this proposal is just going to encourage more businesses to use tips to pay wages.
Reminder, the republicans don’t want to tax your tips.
The democrats don’t went to tax your tips, and they want to raise the federal minimum wage and tax the rich so schools and roads don’t continue to crumble
Look I get tips and if this went through I would be making a good 3-5 grand more a year.
But I agree with the statements I continue to see echoed. This doesn't make sense and instead we should try to raise the standard deduction so everyone benefits. Taxes are absolutely insane right now and it would be nice to see the balance put a bit more on those that actually have money.