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Joined: Sep 2006
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Legend
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Legend
Joined: Sep 2006
Posts: 30,825 |
And you think it's Trump? You don't think both parties do that? If you have a problem with the tax laws, elect different people than the ones that make the laws: Hint: It isn't a president.
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Joined: Sep 2006
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Legend
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Legend
Joined: Sep 2006
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Thanks P. There is a lot to unpack in that article. Hopefully I’ll get my head wrapped around it at some point to try and formulate a logical, well-reasoned thought. Right now I have a lot going on in my mind about it.
I don’t know for sure either, since nothing has happened, it would all be conjecture at this point. I’m just going with what I believe to be a common sense approach. That stems from this: if you own a business and you realize that tips won’t be taxed, how would you like to classify most of your income? We’ve already seen tipping expand to just about everything. I think this would incentivize everyone who isn’t already tipflating to give it a shot.
I’m sure there are ways to tailor it, but do I have confidence that would happen correctly? No, no I do not.
Blue ostriches on crack float on milkshakes between the sidewalk titans of gurglefitz. --YTown
#gmstrong
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Joined: Sep 2006
Posts: 11,391
Legend
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Legend
Joined: Sep 2006
Posts: 11,391 |
I gotta admit, I don’t really know where you were going with that one, Hitt.
Blue ostriches on crack float on milkshakes between the sidewalk titans of gurglefitz. --YTown
#gmstrong
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Posts: 11,790
Legend
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Legend
Joined: Sep 2006
Posts: 11,790 |
Taxes always a big deal....NEVER fair JMHO....billionaires-like Trump pay little in many cases- money protects money, average Joe fudges on his/her taxes, billions of dollars in sales at garage sales, flea markets, barbers at homes, on and on.....lots of unreported income. The Republican "fat cats" Trump always say they are support the economy=trickle down system is best.....right, you trust TRUMP after all his personal BS- he's taking care of number ONE- ask the chief financial officer in PRISON for Trump in NY.....Trump's given him a golden parachute to be corrupt.....TRUMP's a peach of a guy.....CRIMINAL ex-President. UNFIT. Who are you talking to?
#gmstrong
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Joined: Oct 2006
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Legend
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Legend
Joined: Oct 2006
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LOL - The Rish will be upset with this news as well. KS just doesn't prioritize winning...
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Legend
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Legend
Joined: Sep 2006
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Lol. Want to talk about fat cats? Just look at the increase in the net worth of Pelosi, Biden, Schumer, Clintons, et al while in office. Do you think that was due solely to smart investment of their government salaries?
And into the forest I go, to lose my mind and find my soul. - John Muir
#GMSTRONG
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Joined: Sep 2006
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Legend
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OP
Legend
Joined: Sep 2006
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the comments are crazy....
Hunter + Dart = This is the way.
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Joined: Sep 2006
Posts: 6,648
Hall of Famer
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Hall of Famer
Joined: Sep 2006
Posts: 6,648 |
You need to take that article with a grain of salt. It is a Heritage Foundation response. My guess is that it was intended to build opposition to the IRS legislation by saying that it would adversely affect service workers and not the larger corporations…
Personally, I agree with doglover05 that it opens a Pandora’s Box to everyone who thinks they should be tipped. There are better alternatives such as higher standard deduction or a higher minimum wage..
If it is to be implemented, the worker needs to be paid less than minimum wage. Tips make up the difference.
Welcome back, Joe, we missed you!
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Hall of Famer
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Hall of Famer
Joined: Sep 2006
Posts: 6,648 |
The challenge with the existing system is that service workers know that the wage and tip amount has to be greater than minimum wage, and it is self reported.. and there is the rub. Well tipped service workers under report.
Tracking the actual tips submitted electronically would solve that problem…
Welcome back, Joe, we missed you!
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Legend
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Legend
Joined: Sep 2006
Posts: 74,720 |
Are you aware that, like, if you have a garage sale and you make over $600, you have to report that income?
Are you aware that, according to your own link, the IRS will determine what your tips were if you're in a 'tippable" job? So you're suggesting people shouldn't be expected to pay their taxes on taxable income? And yes arch, I'm aware. There has always been a percentage placed on what tips are. Where have you been?
Intoducing for The Cleveland Browns, Quarterback Deshawn "The Predator" Watson. He will also be the one to choose your next head coach.
#gmstrong
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Joined: Sep 2006
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Legend
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Legend
Joined: Sep 2006
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Living in the real world. Where are you?
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Legend
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Legend
Joined: Mar 2013
Posts: 18,979 |
Living in the real world. Where are you? ![[Linked Image from the-sun.com]](https://www.the-sun.com/wp-content/uploads/sites/6/2021/01/NINTCHDBPICT000628850196.jpg)
At DT, context and meaning are a scarecrow kicking at moving goalposts.
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Legend
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Legend
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WTH does that even mean? In the real world the monies and taxes on that income you listed are real. They are law and they are supposed to be paid. Do you live in some world where they aren't?
Intoducing for The Cleveland Browns, Quarterback Deshawn "The Predator" Watson. He will also be the one to choose your next head coach.
#gmstrong
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Joined: Sep 2006
Posts: 74,720
Legend
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Legend
Joined: Sep 2006
Posts: 74,720 |
And you act like somebody else is a low life.
Intoducing for The Cleveland Browns, Quarterback Deshawn "The Predator" Watson. He will also be the one to choose your next head coach.
#gmstrong
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