No Tax on Tips is a brilliant political strategy i.e. Trump relates to the rank and file

[Robert W]

Yes and that, plus the fact that most restaurant workers do NOT want to change the system, is why the USA is pretty unique in the system we have. Maybe entirely unique. I don't know as I never researched it.

But a competent server who makes the dining experience pleasant and enjoyable for the customers can make out like bandits with tips. In a top tier popular restaurant, a good server can net several hundred dollars in tips in a single shift. The less competent, surly, don't give a damn types don't do nearly as well nor should they. There are usually far more good ones than the others though.

But tipping does keep the restaurant costs for the food down sufficiently that most of us can afford to eat out now and then even if we do tip the server generously. Places like assisted living facilities that don't allow tipping of the dining room workers have a much harder time finding and hiring good people to work.

Germans do not tip waiters.

 

[Couchpotato]

Removed the tax on tips is fine but not while running up $7.8 trillion in debt.

I don't think the tax on tips is going to make a difference. We don't have an income problem we have a spending problem. And very specifically we have a prioritization problem with regards to spending.

 

[Donald H]

Hey everybody!

Who is smart enough to understand that Trump is offering socialist reform because that has such great appeal to the working class? Elementary bullshit most of the time folks.

So the only question now is on whether or not Trump is going to deliver all the cute little gifts?

Of course he will!

Being a corporate billionaire is directly proportional to generosity to the people!

And even with an exception to the rule, (bite your tongues) there's the possibility that he might fk with Biden's war and save humanity!

 

[Delldude]

lolol has trump arranged for his shell corporations to pay him in tips?

tips should never have been taxed anyway. some waiters and bartenders make incredible tip income, but they do earn it.

most do not.

Heard Trump's gonna use Biden's shell corporation's......get DOJ to turn them over to Him.

 

[Couchpotato]

Thanks to the Democrat rulers.

How many Republican rulers have we had since Taft (a Republican) who haven't abolished the income tax?

 

[Robert W]

How many Republican rulers have we had since Taft (a Republican) who haven't abolished the income tax?

They try and try but Democrats block them.

Are you aware that the first income tax law after the congress created them was only 5% and you had to be rich to pay those taxes?

 

[Rambunctious]

Yes and that, plus the fact that most restaurant workers do NOT want to change the system, is why the USA is pretty unique in the system we have. Maybe entirely unique. I don't know as I never researched it.

But a competent server who makes the dining experience pleasant and enjoyable for the customers can make out like bandits with tips. In a top tier popular restaurant, a good server can net several hundred dollars in tips in a single shift. The less competent, surly, don't give a damn types don't do nearly as well nor should they. There are usually far more good ones than the others though.

But tipping does keep the restaurant costs for the food down sufficiently that most of us can afford to eat out now and then even if we do tip the server generously. Places like assisted living facilities that don't allow tipping of the dining room workers have a much harder time finding and hiring good people to work.

(And for the member who sneers at our American custom of tipping, I'm sure he will avoid visiting this horrible country and I'm equally sure we won't mind that at all or miss his company. )

My company acquired construction materials and equipment for large projects like malls and office buildings... its what we did... A developer gave me $5000.00 cash for coming through for him when no one else could...
Do you think I reported that?... hell no... but I bought a boat and paid taxes and fees on it... see how it works... taxing tips is just government greed.... and its foolish...

 

[pknopp]

I don't think the tax on tips is going to make a difference. We don't have an income problem we have a spending problem. And very specifically we have a prioritization problem with regards to spending.

You simply repeated what I said.

As president, Trump enacted tax cuts and then spent us $7.8 trillion into new debt. His tax cuts wouldn't have been as big of an issue if he had also demanded and got cuts.

He did the opposite.

 

[Foxfyre]

The IRS expects anyone who receives tips to report it as income and pay taxes on it. Most people dont tip their plumber so the IRS isnt looking for that revenue stream on their income taxes unlike a waiter. But make no mistake if you tip your plumber and he's supposed to report it as income just like your waiter.

Which is why we generally pay contractors in cash if we include a tip for exemplary service. It's stupid that they would have to report such a gift as income.

 

[Rogue AI]

There's another thread on this, and Trump's gimmick is worse than student loans because it would cost hundrends of billions yearly. Joe's gimmick would have been more of a "single charge" to the deficits.

Liberals are funny creatures, they will never miss an opportunity to steal other people's money. It doesn't 'cost' anything if you don't steal people's money. If it is costs you folks are concerned about, cut spending.

 

[Couchpotato]

Which is why we generally pay contractors in cash if we include a tip for exemplary service. It's stupid that they would have to report such a gift as income.

Why? Seriously. Why shouldnt they have to report it as income. Would you have given them that money if they hadnt come to your house or business and done some sort of work for you? It's income.

 

[Robert W]

You simply repeated what I said.

As president, Trump enacted tax cuts and then spent us $7.8 trillion into new debt. His tax cuts wouldn't have been as big of an issue if he had also demanded and got cuts.

He did the opposite.

Would it be fair to blame congress?

 

[Couchpotato]

There's another thread on this, and Trump's gimmick is worse than student loans because it would cost hundrends of billions yearly. Joe's gimmick would have been more of a "single charge" to the deficits.

Yeah because theres no chance people would have continued to rack up ridiculous college debt knowing the Government was going to "forgive" it in the future...... Im sure that would NEVER happen.

 

[Robert W]

Why? Seriously. Why shouldnt they have to report it as income. Would you have given them that money if they hadnt come to your house or business and done some sort of work for you? It's income.

Worst tax known to humans is the income tax.

 

[bendog]

Liberals are funny creatures, they will never miss an opportunity to steal other people's money. It doesn't 'cost' anything if you don't steal people's money. If it is costs you folks are concerned about, cut spending.

What the fuck are you posting about. If I have a take on this, it's Trump is as irresponsible as Biden ... or maybe it's Biden's as irresponsible was was Trump. lol

 

[Robert W]

There's another thread on this, and Trump's gimmick is worse than student loans because it would cost hundrends of billions yearly. Joe's gimmick would have been more of a "single charge" to the deficits.

Trump would save waiters a lot of money is how you should have stated it.

 

[pknopp]

Would it be fair to blame congress?

Also? Yes.

 

[Couchpotato]

Worst tax known to humans is the income tax.

Thats a different subject than whether paying taxes on tips is anything other than paying taxes on income. It's no different than the steel worker who pays taxes on his wages. There isnt some magical carve out for 25% of his income that's non taxable.

 

[bendog]

Trump would save waiters a lot of money is how you should have stated it.

blow it. How about Trump would save waiters money and give the bill to your kids.

 

[Foxfyre]

My company acquired construction materials and equipment for large projects like malls and office buildings... its what we did... A developer gave me $5000.00 cash for coming through for him when no one else could...
Do you think I reported that?... hell no... but I bought a boat and paid taxes and fees on it... see how it works... taxing tips is just government greed.... and its foolish...

We often add a tip in cash to contractors at our home who go out of their way to provide exemplary service so they can report that or not as they choose. I don't see why if we give somebody $20 for a Christmas gift it is not taxable but if we add it to their bill as a gratuity it is.

It's sort of like casino winnings. You can win hundreds or thousands of dollars at the poker or blackjack or craps tables or whatever and not owe a dime in taxes. Likewise on the machines if you just win small amounts over time that add up to bigger money it isn't taxable. But if you win $1,000 or more at one time on the machines, the casino is required to report that and you owe taxes. It's really dumb.

I suppose that $25 chip you toss to the blackjack dealer now and then is taxable for him or her. I suppose the expected tip the folks who bring your machine winnings to you are taxable too. I wonder how many of those are reported though. It is so based on the honor system there are huge opportunities to cheat. Doing away with the tax on tips for everybody would restore a lot of honesty, integrity, and reduce stress to society I think as well as benefit those who do report their tips.