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re: Why the push for no tax on tips?
Posted on 10/31/26 at 12:15 pm to Rouge
Posted on 10/31/26 at 12:15 pm to Rouge
quote:
Why the push for no tax on tips?
Well, for starters, it’s a gratuity. It’s not paid by the employer as earnings. And two different customers receiving identical services likely will tip differently. Plus, government taking less money from the citizenry is always a good thing.
Posted on 10/31/26 at 12:23 pm to SDVTiger
quote:
Because they get minimum wage
Because they receive a paltry minimum wage with a vast majority receiving little to no benefits. They essentially operate as independent contractors having to tip out those who support them, ie a Greeter, a Busboy, and Bartenders.
Posted on 10/31/26 at 12:54 pm to Rouge
Because tips are gratuities and gratuities are gifts, not income. Small gifts are exempt from taxation.
Posted on 10/31/26 at 1:15 pm to doubleb
quote:
consider my tips a gift. I can gift thousands of dollars to an individual and that individual doesn’t have to pay any taxes. When I elect to give a server or bartender money, why wouldn’t it be a gift?
Are you long forming your taxes and noting those gifts ?
Posted on 10/31/26 at 1:16 pm to Powerman
quote:
It's a vote buying scheme and in particular it was a vote buying scheme to try to tip the scales in Nevada.
Is/was it also a vote buying scheme when Dems increase the tax exemptions for “the working class”, or when they created the earned income tax (give away) credit?
Look, I want a fair tax code and I don’t like this cut out for tip earners, but it seems like the very thing Dem politicians would have proposed, and they’re only mad because Trump stole their playbook.
Posted on 10/31/26 at 1:33 pm to Rouge
Tax cuts are a great way to grow the deficit. That’s all I got.
I hate when they play that commercial. My poor wife has to hear me yell at the TV, “Cut your spending and pay down the national debt! Stop growing more debt!”
I hate when they play that commercial. My poor wife has to hear me yell at the TV, “Cut your spending and pay down the national debt! Stop growing more debt!”
Posted on 10/31/26 at 1:34 pm to Suntiger
quote:
Tax cuts are a great way to grow the deficit. That’s all I got.
What? Laughably false. Cut spending and taxes and watch what happens.
Receipts are through the roof. Spending is the problem
This post was edited on 10/31/26 at 1:35 pm
Posted on 10/31/26 at 1:35 pm to jawnybnsc
quote:
They get less than minimum wage.
Why do people keep saying this?
It's law that servers have to be paid a minimum of minimum wage if their tips do not get them to a minimum wage point.
Posted on 10/31/26 at 1:42 pm to El Segundo Guy
quote:
Why tax overtime if you're not going to tax tips?
Republicans wanted this too, but democrats prevented it.
Posted on 10/31/26 at 1:44 pm to BBONDS25
quote:quote:
Tax cuts are a great way to grow the deficit. That’s all I got.
What? Laughably false. Cut spending and taxes and watch what happens.
Receipts are through the roof. Spending is the problem
You left out two important fact…
1) I said,
quote:
Cut your spending and pay down the national debt! Stop growing more debt!”
2) This administration grew spending.
Either increase taxes or cut spending. Those are the options to decrease the debt. We’ve recently cut taxes and increased spending. Exact opposite of what we should be doing.
Posted on 10/31/26 at 3:25 pm to Suntiger
quote:
Either increase taxes or cut spending. Those are the options to decrease the debt.
An incredibly naive statement. Laffer curve. Increasing taxes is the dumbest thing you can propose.
Posted on 10/31/26 at 3:45 pm to Rouge
quote:
Are you long forming your taxes and noting those gifts ?
No
I just tip depending on how well I am treated. There’s no tax deduction for giving away money unless it’s to a charity and you qualify.
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