GroundedGator@lemmy.world to politics @lemmy.world · edit-28 months agoKilling taxes on tips sounds good, but experts say it doesn’t solve the real problemwww.pbs.orgexternal-linkmessage-square3fedilinkarrow-up10arrow-down10file-text
arrow-up10arrow-down1external-linkKilling taxes on tips sounds good, but experts say it doesn’t solve the real problemwww.pbs.orgGroundedGator@lemmy.world to politics @lemmy.world · edit-28 months agomessage-square3fedilinkfile-text
Most tipped workers already don’t pay federal taxes. Increasing the tipped minimum would do more. Edit: really there should be no minimum lower than the hourly minimum.
minus-squareKaboom@reddthat.comlinkfedilinkarrow-up0arrow-down1·8 months agoJust because Ted Cruz introduced the bill and Trump endorsed it doesn’t make not taxing tips a bad idea. Remember, Harris endorsed it too.
minus-squarebostonbananarama@lemmy.worldlinkfedilinkarrow-up0·8 months agoIt being a bad idea makes it a bad idea though. Why would this source of income be exempt from taxation? Why is that a good idea? Why is a salaried or hourly employee less deserving of having their income exempted?
minus-squareKaboom@reddthat.comlinkfedilinkarrow-up0arrow-down1·8 months agoWhy should it be taxed? Not “Why it shouldn’t”. Imo, income tax should only affect the rich, and they aren’t working tipped jobs.
Just because Ted Cruz introduced the bill and Trump endorsed it doesn’t make not taxing tips a bad idea. Remember, Harris endorsed it too.
It being a bad idea makes it a bad idea though. Why would this source of income be exempt from taxation? Why is that a good idea? Why is a salaried or hourly employee less deserving of having their income exempted?
Why should it be taxed? Not “Why it shouldn’t”.
Imo, income tax should only affect the rich, and they aren’t working tipped jobs.