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Started By
Message
No tax on tips is really popular
Posted on 9/1/24 at 11:08 pm
Posted on 9/1/24 at 11:08 pm
Besides LSU laying an egg,
I’ve been pushing & writing “no tax on tips” on every reciept. I spoke to a few different bartenders. Each one said IRS is after them.
Trump wins this state of Nevada
I’ve been pushing & writing “no tax on tips” on every reciept. I spoke to a few different bartenders. Each one said IRS is after them.
Trump wins this state of Nevada
19
Posted on 9/2/24 at 5:58 am to cajuntiger1010
Kamala is pushing the same thing. How about we just pay them more than having people rely on tips to justify cheap wages.
Posted on 9/2/24 at 6:01 am to AubieinNC2009
Yeah lets make minimum wage 100hr instead
Posted on 9/2/24 at 6:01 am to AubieinNC2009
quote:
Kamala is pushing the same thing. How about we just pay them more than having people rely on tips to justify cheap wages.
I don't understand the restaurant industry in this country. Every smart investor I talk to says the food industry is a great way to separate a fool from his money. They buy food cheap as hell from Sysco and don't pay their staff worth a shite.
Where the frick does all the money go?
Posted on 9/2/24 at 6:02 am to AubieinNC2009
quote:
How about we just pay them more
How about NO!
Posted on 9/2/24 at 6:25 am to AubieinNC2009
quote:Pretty loose with other people’s money.
How about WE just pay them more
Posted on 9/2/24 at 6:31 am to cajuntiger1010
quote:.
No tax on tips is really popular
Free Schitt usually is. Santa Claus is undefeated until the gifts run out.
Posted on 9/2/24 at 6:37 am to cajuntiger1010
Of course it is. Which is why Kamala stole it
Posted on 9/2/24 at 6:40 am to cajuntiger1010
Wake me up when they get real about helping out the working man.
NO INCOME TAX ON OVERTIME
Motivate the workforce, increase production and GDP
NO INCOME TAX ON OVERTIME
Motivate the workforce, increase production and GDP
Posted on 9/2/24 at 6:41 am to cajuntiger1010
I'd bet most bartenders etc don't pay any federal income tax as is.
They don't make a lot of money, usually have kids etc.
Probably doesn't effect the bottom line much.
They don't make a lot of money, usually have kids etc.
Probably doesn't effect the bottom line much.
Posted on 9/2/24 at 6:45 am to pankReb
quote:
Where the frick does all the money go?
The landowner (banks) class. The majority of restaurants lease their property.
Posted on 9/2/24 at 6:47 am to Privateer 2007
quote:
I'd bet most bartenders etc don't pay any federal income tax as is. They don't make a lot of money, usually have kids etc. Probably doesn't effect the bottom line much.
quote:
don't make a lot of money, usually have kids etc.
Maybe if you can’t afford kids, choose not to have kids
Posted on 9/2/24 at 6:57 am to OccamsStubble
quote:
can't afford kids don't have them
Agreed.
Everyone should pay something in federal taxes too.
But, I'm just pointing out "no tax on tips" is largely a marketing plot.
I don't think it effects much.
Posted on 9/2/24 at 6:58 am to AubieinNC2009
quote:
Kamala is pushing the same thing. How about we just pay them more than having people rely on tips to justify cheap wages.
Kamala looks like a non tipper.
Posted on 9/2/24 at 7:01 am to pankReb
quote:
Where the frick does all the money go?
Rent, r&m, utilities, lawyers for all the lawsuits, labor, taxes, etc.
The cost of all these things have gone up over the past 3 years.
Have you ever had to call a plumber out to your house? That shite ain’t cheap.
This post was edited on 9/2/24 at 7:03 am
Posted on 9/2/24 at 7:25 am to cajuntiger1010
This is going to mess up the FICA withholdings or is that still going to be taken out?
Posted on 9/2/24 at 7:26 am to cajuntiger1010
Better yet, outlaw tipping and "service fees"
Make the service industry be competitive wages for the better employees versus the customers. USA one of few tip heavy places left.
Make the service industry be competitive wages for the better employees versus the customers. USA one of few tip heavy places left.
Posted on 9/2/24 at 7:30 am to Privateer 2007
quote:
bet most bartenders etc don't pay any federal income tax as is.
They don't make a lot of money, usually have kids etc.
Probably doesn't effect the bottom line much.
That's a pretty dumb statement. Some bartenders make a pretty good chunk. It depends on where they work. Lots of them make more than they would in a different industry.
Here is where it really helps. Most people making tips dont claim their full income on their taxes. They are not claiming a bunch of the cash they made so they avoid being taxed on it. (It is against tax code, but extremely common). That means when they go apply for a loan the bank cant consider their actual earning power.
Under the new proposal, those service workers are able to do so much more with their income. It's a good idea; that's why Ron Paul campaigned on it years and years ago.
Posted on 9/2/24 at 7:30 am to cajuntiger1010
No tax on income…period.
The federal income tax rate was zero percent until 1913 and the creation of the Federal Reserve.
End the Fed and abolish the IRS.
The federal income tax rate was zero percent until 1913 and the creation of the Federal Reserve.
End the Fed and abolish the IRS.
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Posted on 9/2/24 at 7:33 am to Matt225
quote:
Better yet, outlaw tipping and "service fees" Make the service industry be competitive wages for the better employees versus the customers. USA one of few tip heavy places left.
We could do that. It sounds like a reasonable plan. But, the money to pay these employees better has to come from somewhere. Employee cost is a company’s biggest expense. Paying their employees more will raise their costs and cut into their profits. They won’t “eat” that cost- sorry for the pun :). What will happen is that the owners will raise the prices of their food and services to offset the higher labor costs, passing on the burden to their customers.
This post was edited on 9/2/24 at 7:36 am
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