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When I was in college, I rented a room from a family with two little girls. At the time, the mother wasn't working but told me about an experience she had previously as a waitress. As a Christian, she believed she was obligated to report all of her tips (following Matthew 22:15 - 22). The other waitresses, who were trying to avoid paying their taxes on the tips were quite angry with her and treated her quite poorly. She was in an untenable situation, and really the Federal government should take the lion's share of the blame.
That's why I was quite pleased to hear that at a rally in Las Vegas today, Candidate Donald Trump announced that one of his first initiatives in his second term as President would be to do away with the tax on tips for hotel and restaurant workers.
Ever since the pandemic, the service industry has been facing many different challenges. This policy would be a godsend.
There are so many things about Trump that I abhor. But I like this policy. (I also like that other policy he has, as opposed to Biden, of not destroying America.)
Discussion (99)
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That is Biden-levels of pandering there. I hate it. Either all income is taxed or none is. We should have a flat tax with a low rate.
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Sounds like a good idea.
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What a ridiculously stupid pandering idea.
Tips are wages. Tax it. And audit them to make sure they're paying FICA on it too.
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Wow. I guess we really will need those 87,000 arms-carrying IRS agents.
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Exactly.
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