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.
this post was submitted on 14 Aug 2024
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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?
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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."
Plus like, we need to be simplifying the tax code, not complicating it.
Here's my vision:
- Raise minimum wage. We want food and housing. This shit shouldn't be impossible to get
- Implement universal basic income. Again. WE WANT FOOD AND HOUSING, JESUS CHRIST
- Implement a wealth tax. Great hordes of wealth being untaxed while income is just reinforces generational poverty
- Eliminate income tax now that wealth tax is covering everything. It disproportionately punishes workers versus the ultra-wealthy who don't get paid in money. Meanwhile, who's getting taxed is just not using the money they got taxed to pay for... And say it with me, kids, food and housing
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
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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
Yeah. Raise the fucking federal minimum wage. Mandate that it keep pace with inflation.
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.
More exception rules means more loop holes. Now I can get my employer to pay me in tips instead of a regular salary.
That would be called a bonus. Tips are from customers for services rendered.
Many, many restaurants now have mandatory tips right on the bill. They've already destroyed the concept, and this will just make it worse.
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I'll take a bad policy to win a swing state and make sure we don't lose that Senate seat.
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.
People claim their tips? I just let the IRS assume that I was terrible at my job.
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.
If tips are no longer taxed, I'm definitely tipping about 1/3 less. 15-20%? More like 10-13%.
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.
That's another great point thanks
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.
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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
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
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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?
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