this post was submitted on 17 Aug 2024
742 points (99.5% liked)
Political Memes
5438 readers
2993 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
And watch some CEO try to claim his $1 billion bonus as a tip.
Exactly. You nailed the very reason Trump was told to propose the idea. Giving a way for the hedge fund managers, CEO's, etc. to reduce their taxes even further.
The biggest difference between Trump and Harris's tax free tips is that Harris wants to limit it to service and hospitality workers.
I'm still not sure this is a good idea. Workers should simply be paid a reaeonable wage and not have to rely on customers t pay more then advertized.
Kamala also wants to remove subminimum wage for that reason. But removing tax on tips does reduce the burden on tipped workers to keep records of every tip they collect.
IMO we should get rid of subminimum wage, raise the federal minimum to $15/hr, and let workers keep their tips if people still feel like tipping; it works great in Washington State.
I dont now what records they have to keep? At the end of the day, whatever they have more then they should have according to what they started with and what they served are tips. If payed with card, the records are there anyway.
Well your taxes are usually automatically deducted from your salary, but taxes on tips have to be accounted for by the worker. If you're only paid $2.13 an hour it's easy for tips to make up the bulk of your pay, leading to a big debt on tax day if you haven't property accounted for how much to withhold yourself.