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Started By
Message
re: Senate passes no tax on tips 99-0
Posted on 5/20/25 at 7:38 pm to Hangover Haven
Posted on 5/20/25 at 7:38 pm to Hangover Haven
Sorry your Sonic doesn't have a drive-thru.
1
Posted on 5/20/25 at 7:39 pm to Lynxrufus2012
quote:
When someone gives me good service, I GIVE them a token of my appreciation. It is a GIFT from me to them.
Fine then I don’t need to pay them a gift for doing their job adequately. No more tipping from us to them. Since they clearly only need it as a gift.
Posted on 5/20/25 at 7:43 pm to bigjoe1
Good. Now that 2.13 an how can actually be applied to paying for employee health insurance. Most serving jobs have arse health insurance because there’s pretty much no check to deduct anything from.
Posted on 5/20/25 at 7:44 pm to 1BIGTigerFan
quote:
Sorry your Sonic doesn't have a drive-thru.
I don't eat that crap....
Posted on 5/20/25 at 7:45 pm to bigjoe1
This doesn't concern me. Now what will make an impact for me is no taxes on overtime pay. I'm doing 65 hours a week. No taxes on overtime pay will be great for me. They need to get it done.
Posted on 5/20/25 at 7:52 pm to BHTiger
quote:
How many people pay in cash now? I would bet over 80% of tips are on a CC.
In my place this is correct
Posted on 5/20/25 at 8:00 pm to Powerman
quote:
Why should they not pay taxes on their income while everyone else does?
You can give a gift of $10,000 to someone and neither you nor they have to pay a tax on that. Isn't a tip a form of a gift? It's not a requirement in places that I eat at.
Posted on 5/20/25 at 8:06 pm to Privateer 2007
quote:
it's a horrible precedent.
Yeah I’m not a fan of government picking winners and losers and that’s all this is. It’s a smart move politically I’ll give them that. But I still don’t like it.
Posted on 5/20/25 at 8:12 pm to Arbengal
quote:
but anything that takes money out of the government’s pockets is a good thing.
quote:
anything
No.
Posted on 5/20/25 at 8:30 pm to Powerman
quote:
Why should they not pay taxes on their income while everyone else does?
Our government is ripping us off and stealing our future from us for the benefit of the elites. I’ll never get mad at hard working people paying less taxes. I am not a naturally jealous or envious person to see others doing well.
Posted on 5/20/25 at 9:17 pm to Powerman
quote:I'm going to approach my employer tomorrow, and try to convince him to reclassify my wages as tips!
Why should they not pay taxes on their income while everyone else does?
Posted on 5/20/25 at 9:19 pm to Homesick Tiger
quote:
You can give a gift of $10,000 to someone and neither you nor they have to pay a tax on that. Isn't a tip a form of a gift? It's not a requirement in places that I eat at.
No it's considered part of their compensation. Which is why tipped minimum wages exist.
Posted on 5/20/25 at 9:33 pm to bigjoe1
Tipping is stupid. Imagine needing tips to do your job correctly.
Posted on 5/20/25 at 9:35 pm to Privateer 2007
quote:
fricking retarded. Not that many tipped ppl pay taxes anyway. But, it's a horrible precedent.
As far as I know every income supplemented by tips employee in every state in the USA has a certain percentage of their tips automatically declared for them by their employer. In many cases it’s still a significantly small portion of their overall income.
At the end of the year we currently have a lot of income supplemented by tip employees that get a bigger refund than they pay into the tax system.
Non income supplemented by tips hourly employees declare zero tips and I can’t see why they would other than tips on credit cards needing to be reconciled for sales tax reasons.
To a certain extent lots of service industry employees who make money via tips claim 100% (sometimes more) of what they make. It’s for the purpose of purchasing power and for SS purposes. It’s hard to get a mortgage for a $500k house when you claim $50k per year. Keep in mind not everyone in these service industries are college kids looking for beer money.
The collective understanding of the service/tipping industry is extremely low. Way more misconceptions than what is accurate.
As a business owner this is going to save me an incredible amount of money.
This post was edited on 5/20/25 at 9:42 pm
Posted on 5/20/25 at 9:37 pm to NYNolaguy1
quote:
Tipping is stupid.
I kinda like it... I can pay $60 for a good meal... or $50 if the service sucked... it's like a choose your own adventure thing.
If tips were included, you'd have no recourse for crappy service... and your waitstaff no incentive to be attentive.
Hell, I tipped (for the first time ever) my oil change ladies today because they were freaking awesome and I simply wanted to encourage them.
Posted on 5/20/25 at 9:43 pm to jclem11
You don’t have to tip. It isn’t required. You won’t get charged with theft of services if you don’t. You won’t get a lien placed on your property. There is no contract implied or otherwise.
You elect to give that money.
You elect to give that money.
Posted on 5/20/25 at 9:45 pm to Privateer 2007
quote:Nah. The IRS has already declared several business expenses untaxed because they are impractical to enforce by them and employers. Example, you don’t have to separate cell phone use between business and personal. You can deduct the entire bill in most cases.
But, it's a horrible precedent.
Posted on 5/20/25 at 9:46 pm to Privateer 2007
quote:
But, it's a horrible precedent.
Lower taxes is never a bad precedent.
Posted on 5/20/25 at 9:53 pm to Motownsix
quote:
As a business owner this is going to save me an incredible amount of money.
Can you expand on this? My impression was that tips were not included in payroll taxes.
Posted on 5/20/25 at 9:55 pm to International_Aggie
quote:
Lower taxes on special classes is always a bad precedent.
Fify.
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