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re: No tax on tips is really popular
Posted on 9/2/24 at 7:39 am to pankReb
Posted on 9/2/24 at 7:39 am to pankReb
quote:
Where the frick does all the money go?
You think labor is cheap, but you need a small army to run a restaurant. Cooks, dishwashers, hosts, servers, bartenders, admin, cleaning crew, etc.
Food is about a third of the costs
Overhead (rent, bills, insurance) is about a third
Waste is insane.
Broken dishes amd lost silverware, Togo goods, etc adds up in a hurry
1
Posted on 9/2/24 at 7:50 am to AubieinNC2009
quote:
Kamala stole Trump's idea and is lying.
FIFY
Posted on 9/2/24 at 7:52 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.
FICA. And the employer gets a credit for their side of that tax.
Posted on 9/2/24 at 7:58 am to Placekicker
That's a burden that is already on the customers. It's just written on the receipt in a different way.
Posted on 9/2/24 at 8:00 am to Beer did clam
quote:
increase production and GDP
Line go up, world better.
You are unironically the midwit meme.
Posted on 9/2/24 at 8:04 am to Pelican fan99
quote:
Which is why Kamala stole it
Why doesn't Kamala make it law now? She is in power.
Posted on 9/2/24 at 8:39 am to cajuntiger1010
frick that everyone should pay taxes
Posted on 9/2/24 at 8:58 am to cajuntiger1010
quote:
No tax on tips
pandering, stupid and unfair.
How many loopholes is this going to end up opening?
Posted on 9/2/24 at 9:05 am to cajuntiger1010
Cool. I predict I will figure out how to make it so my company is paid mostly by “tips”.
Posted on 9/2/24 at 9:20 am to cajuntiger1010
quote:
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.
The 87,000 new irs agents that the GOPe has not cut funding for will be busy.
Posted on 9/2/24 at 9:24 am to Turnblad85
quote:
No tax on tips
pandering, stupid and unfair.
How many loopholes is this going to end up opening?
Thank you. I thought I was the only one.
Posted on 9/2/24 at 9:25 am to jclem11
How so?
Sounds like someone that never worked overtime hours just to see most of it stolen.
Sounds like someone that never worked overtime hours just to see most of it stolen.
Posted on 9/2/24 at 9:27 am to cajuntiger1010
This is all purely politics. No tax on tips sounds great until you find out employers are only required to pay tip heavy employees $2.13 an hour. And tbh, I haven't figured out how I feel about it yet.
Posted on 9/2/24 at 9:28 am to cajuntiger1010
Terrible idea
Posted on 9/2/24 at 9:33 am to pankReb
quote:
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?
I never could figure how a bar goes bankrupt. The markup is insane and the overhead seems low. Is it just epically piss poor management?
Income is income, the government should treat all income the same. Whether it comes from salary, tips, gambling winnings, or investments.
This post was edited on 9/2/24 at 9:35 am
Posted on 9/2/24 at 9:35 am to thelawnwranglers
No tax on BONUSES.
The Fed Govt makes it harder and harder to actually make a profit….then when private sector teams adapt and overcome to actually do so….the same motherfrickers show up to STEAL.
The Fed Govt makes it harder and harder to actually make a profit….then when private sector teams adapt and overcome to actually do so….the same motherfrickers show up to STEAL.
Posted on 9/2/24 at 9:36 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.
National restaurant association will make sure that never happens
Posted on 9/2/24 at 9:36 am to Beer did clam
quote:
NO INCOME TAX ON OVERTIME
Alabama changed this for state tax at least, since January.
Posted on 9/2/24 at 9:37 am to dgnx6
quote:
Rent, r&m, utilities, lawyers for all the lawsuits, labor, taxes, etc.
So same as most businesses….
Posted on 9/2/24 at 9:38 am to cajuntiger1010
A bunch of stuff is popular.
Climate change, "making the rich pay their fair share," abortion, immigration, all kinds of stuff.
In fact, I think it's generally obvious that the worse an idea it is, the more likely it is to be popular.
I'll let y'all draw the logical conclusion from those observations.
Climate change, "making the rich pay their fair share," abortion, immigration, all kinds of stuff.
In fact, I think it's generally obvious that the worse an idea it is, the more likely it is to be popular.
I'll let y'all draw the logical conclusion from those observations.
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