re: No tax on tips is really popular

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You think labor is cheap, but you need a small army to run a restaurant. Cooks, dishwashers, hosts, servers, bartenders, admin, cleaning crew, etc.

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All making minimum wage or passed on directly to the consumer.

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Overhead (rent, bills, insurance) is about a third

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Every company has this.

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Broken dishes amd lost silverware

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Bought in bulk and cheap. They aren’t making a run to target when a dish gets broken.

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Togo goods, etc adds up in a hurry

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Cheaper than cheap and all running costs should be considered when pricing your product.

Listen…..I’m not asking this question completely blind as to how good joints are run. A lot of my best friends through the years work at restaurants and I know a couple different owners. Some are keeping their heads afloat and the more successful ones still aren’t doing any better than your average entrepreneur.

How are restaurants in other countries that pay a respectable wage making money while ones here would close within months if forced to do so?

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I never could figure how a bar goes bankrupt.

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Cocaine

Yep, raises for everyone.

…that is a stupid policy irrespective of who came up with it. As long as we tax income, income is income, and, if we say tips are not taxable, then it will result in manipulation by moving compensation from wages to tips.

Now, if it results in Trump winning Nevada, then great. I still don’t want it to become law.

When I prepare taxes, then I’ll just call it all tips while paying full taxes on my W2 income.

No taxes is popular with most people