https://www.vox.com/policy/366680/no-tax-on-tips-trump-harris-subminimum-wage
”No tax on tips” looks less like a pro-worker tax credit and more like a big business tax cut.
Fuck tips. If you work, you should be getting a living wage, not hoping you score a $100 tip to scrape through the month. Tips are a wage subsidy for corporations.
Yup. This is slapping on a bandaid for a very select few. The real problem is wages and cost of living.
This is as little as possible, and it will be used in lieu of an actual minimum wage increase. Democrats will coast on it for as long as they can before they do as little as possible again in another 15 years.
B b but Dems bad! That didn't take long from you.
If you want them to do more, then you have to vote and give them consistent victories in all 3 houses.
If Democrats want me to say good shit about their complete lack of effort towards raising wages, they can raise wages. Until then, I'm going to gripe about it.
Government workers and blue states got theirs, so it's no longer a problem as far as Democrats are concerned.
If you want them to be more progressive, then they need to win elections first. When they lose, they go to the center to find voters. They've had all 3 houses (presidency, house of reps and Senate) for 4 years of the last 24 years. 6 years of the last 32 years. 6 years of the last 44 fucking years. They are on an epic losing streak because the left never shows up to vote. And you wonder why they go to the center to find voters?
Just support them for a few more decades no matter how many times they betray you, and they'll totally do what you want.
Inflation outpaces incrementalism. It's why Democrats are so enamored with it.
Sinema's thumbs down defines the party until they do better.
I still vote for the shitty anti-worker party over the shittier more anti-worker party, but since I gripe, you have to pretend I'm not voting so you can lecture me for not being as delighted as you are that the party won't fix shit.
Few more decades? You're talking as if they've had control. They have not. I already told you they've been on an epic losing streak because the left never shows up. They've had control of all 3 for 6 years of the last 44 years. 6 measly years, out of the last 44 fucking years. That means they have to reach across the aisle for 38 years of the last 44 fucking years. Can't handle this huh? So you have to pretend ... whatever that stuff above was.
And you wonder why progress is slow?
Who said I'm pretending you don't vote? I'm using the term you in broad sense.
If you're not able to pay your employees a living wage, your company does not have a viable business model and you need to either change it to a viable model or shut down the business.
My gut says that not taxing "tips" is only going to embolden companies looking to move line item payouts, and force more people to work for minimum wage.
You'll see a massive wave of previously non-tip jobs turn into tipped jobs, which only benefits the employer.
Yep. We've already seen a massive push of POS that prompt you for a % based tip... Testing 20% as minimum in some cases. As tip fatigue sets in, more and more places are going to find that fewer and fewer people are tipping.
Frankly speaking, no job should be tip based.
I'll save you a click because the author can't seem to get to the point quickly enough:
"Tipped workers don’t need a tax cut. They need a raise."
Here's my vision:
The first three are great, the fourth idea is insane. Why shouldn't people pay into their government? If you're poor, like the first $25k, fine let that be tax free, but why not keep the money in the government coffers and provide single payer healthcare, free college tuition, student debt forgiveness, municipal broadband? Our taxes are not high compared to other western nations.
All wealth is created by workers... Any wealth used for the good of all society is coming from the workers same as all profit does. No need to add the middleman... Just charge it all to the corporations... First our work pays for society, only what's left over after should be considered profit
I'm not saying don't tax me. I'm saying don't tax me based on income. Tax me based on accumulated worth. Its possible to be highly paid but to have started in such a back foot that you're still in the hole. Meanwhile folks like that are paying more into society than anyone else through sales tax because they need to do things like furnish homes they bought
But if you tax based on wealth, doesn't that make home ownership less possible? Property taxes aren't going away, but now a wealth tax is going to hit property owners? Sales tax is extremely regressive. Income tax is one of the few ways to do progressive taxing.
It means you'll start paying a little more tax as value acculates in your property holding. The goal is, yes, long term property holders will pay more tax the longer they hold the land. More importantly, it'll hit landlords super hard and first time home buyers barely even a little. The goal is to tax people based on their ability to pay, and to avoid creating permanent classes where all the value created by the workers goes up the chain to the wealthy.
All you would end up doing is creating a new business for accountants to devalue someone's holdings. I assume that you are saying that the wealth will be the value of the asset less any loan against the property, because that's the only way a first-time home buyer would be taxed nearly nothing. Why wouldn't the wealthy simply take loans against their assets thereby devaluing them for the purposes of a wealth calculation? The same way that they borrow against their stock portfolio.
Eliminate all taxes on individuals, charge the whole bill for a functioning society to the corporations (preferably at the same ratio as the corporations make profit, ie if a company makes 10% of all the profit that quarter they pay 10% of the bill)... We the people democratically decide what all is included in a functioning society
The pandemic showed us we need to revamp our unemployment safety net and this includes doing away with tipping.
In a series of social media posts, Trump accused Harris of stealing his idea, saying that “she sounds more like Trump than Trump, copying almost everything.”
In a functioning democracy, this would be a good thing if you agree with your opponent on something. Instead, he has to complain that only he is allowed to use popular ideas, like the weird little baby he is.
I believe in no apostrophes in tips. Also tipping should be banned and thus not need to be taxed.
I think people should be paid a living wage, and I should still be able to tip. Because it's fun.
More exception rules means more loop holes. Now I can get my employer to pay me in tips instead of a regular salary.
Many, many restaurants now have mandatory tips right on the bill. They've already destroyed the concept, and this will just make it worse.
Define customer and define services rendered. I rendered 40 hours of services to my customer (aka my employer).
Guess they are both interested in winning Nevada and willing to let everyone else pay for it.
Funny they would say that, I've just restructured my remuneration package so that all of my pay now technically counts as tips.
Yay me!
Rich folks play these games all day long so I don't see the problem. All you guys need now is a superPAC to lobby to ensure that the loophole isn't closed.
If the hand we're playing is such that we cannot feasibly raise the service minimum wage and abolish tipping, but we can exempt tips from taxation, I don't see any reason not to take that action.
But it seems theatrical. How much revenue does US actually take in from this type of income? I bet it doesn't even make an impact. May as well use it as a political tool with the side effect of helping some workers too.
Until we can figure out a better way to have society. I just don't see the downside.
I don't see any reason not to take that Action.
The reason is that the government is now subsidizing poverty wages and encouraging those business models instead of letting them crash and burn for a lack of willing wage slaves like they should.
Because the rich are obviously going to use this as a loophole to give money to each other tax free, now that NFTs and Bitcoin have kinda tanked. They need a new way to legally pay for illicit goods, and tips are pretty good for that. Do these tips even need to be reported if they aren't taxed anyway? Just like gifts under $10k don't need to be reported.
The article explains that one obvious downside is it'll put downward pressure on base wages for these employees, with the justification that their take home pay will remain the same. And I expect that's exactly what would happen.
If tips are no longer taxed, I'm definitely tipping about 1/3 less. 15-20%? More like 10-13%.
Honestly the more rules they make the worse it gets. We can’t have a air quality protection without it turning into a gold rush for collecting and selling breathable air.
this may make harder for tipped workers to access credit, since they can claim they made way more tips than they actually did since is tax free, forcing banks to exclude tips as proof of income for mortgage applications and such
Probably one of the most overlooked issues, but it's not like we're going to be buying houses in the future, we'll just rent them from corporations
While we're at it, can we also require recommended tips be based on total food cost rather than post tax amount?
I would love to do away with tips on their entirety, but in the meantime, I'd also appreciate getting that ~2% back
I mean, just do it. There's no law that says you personally need to tip on the total.
I generally don't, but what's the point of recommended amounts if I have to pull out a calculator to subtract tax and then split?
Ah, well that’s where the tip lives. It’s the tip’s jar /s
I once had a coworker labeling prepped food containers, and we only realized at the end that this was not the assignment for him. We had chikun, leming slices, tumaters, and it was kind of a mess. His native language was English, but not everyone’s was, and his phonetic interpretations were difficult for the rest of us to understand. Not his fault, but neat handwriting doesn’t automatically make you the best one to write
Not a tipped worker here: are tips currently calculated as part of SS earned income? How will exempting tips from taxes affect future benefits for these workers?
Tips are just added to what you made so yeah, it counts wherever an hourly wage counts.
However the current system just gets people not to report tips, so realistically they're paying a lot less into SS anyway. It's basically just the government going "alright let's make that official instead of tax fraud"
