Originally posted by: CharlesII
I can give any individual I choose up to $19,000 a year and there's no income or gift tax on that. Why when I give my server an extra $20 they get a tax on it?
I think this is silly, if tipping wasn't part of their income and they were paid a regular wage, I would not give them a "gift". If you would so be it.
Originally posted by: MaxFlavor
I think this is silly, if tipping wasn't part of their income and they were paid a regular wage, I would not give them a "gift". If you would so be it.
Max, you have to realize that Dumb Angry Charles is merely trying to justify MAGA and the silly things he's said earlier, not construct a rational or coherent argument in favor of treating tips as some kind of special class of income.
A gift is something unearned. A tip is money earned as the result of one's employment. Therefore, a tip is not a gift. Q.E.D.
The current system treats everyone fairly. If you barely make enough to get by even with your tips, you pay little or no income tax. If you make a modest income including tips, you pay a small amount of tax. If you make a handsome income including tips, you pay a substantial amount of tax.
Why should someone who makes $20,000 wage + $30,000 tips pay any more or less income tax than someone who makes a $50,000 wage?
Why should someone who makes $20,000 wage + $30,000 tips pay any more or less income tax than someone who makes a $50,000 wage?
That is well said. No one can really argue against that.
Originally posted by: Kevin Lewis
Max, you have to realize that Dumb Angry Charles is merely trying to justify MAGA and the silly things he's said earlier, not construct a rational or coherent argument in favor of treating tips as some kind of special class of income.
A gift is something unearned. A tip is money earned as the result of one's employment. Therefore, a tip is not a gift. Q.E.D.
The current system treats everyone fairly. If you barely make enough to get by even with your tips, you pay little or no income tax. If you make a modest income including tips, you pay a small amount of tax. If you make a handsome income including tips, you pay a substantial amount of tax.
Why should someone who makes $20,000 wage + $30,000 tips pay any more or less income tax than someone who makes a $50,000 wage?
You're the self admitted tax cheat refusing to file your or pay income taxes becuae you're mad at Trump. No one should care about your opinion on who should be taxed. But you call me 'angry'? I'm the calmest person you've ever met. The projection in Kevin is so strong I can feel it from Florida.. Can you imagine what he might have said if a Republican had suggested he wasn't going to file or pay income taxes and encouraged everyone not to do so because we should all be mad at Joe Biden? Kevin would have gone apoplectic with rage. And so now as long as Keven refers to me as "Angry Charles", I will refer to him as 'The Mad Tax Cheat Kevin Lewis"
Tips are not regualr earned income. It's not a wage. It's not a consistant pay based on the hours you work. It's not a bonus from your boss. It's not between you and your employer. It's a gratuity between the person being served and the person perfoming that service. We don't tax gifts as income. We only tax the person giving the gift if it exceeds a large threshold. Why should someone who makes a $20,000 wage and gets a $30,000 annual gift from Mom and Dad pay any more or less income tax than someone who makes a $50,000 wage? Because it's not earned income. That's money that has already been taxed for income on they people paying the gift or the tip.
If your argument is it's not fair, workers in different industries have all kinds of differeent perks that aren't treated like income. It's a choice you make when you decide to take employment in a certain business, Serving the pubilc in a tipping business is no picnic when you have to deal with people like .The Mad Tax Cheat Kevin Lewis....I don't begrudge anyone in a service business for the tips most make and I think they should keep all the tip money I give them. As Mark pointed out, if I hand them a $20 (or up to $19,000) outside the business, it doesn't count as tip. Maybe they should set up a 'Gift Box for your Server' outside the restaurant.
The tax on social security income is paid by 4 in 10 of those on the program. The CBO indicated that in 2023 it amounted to $50.7 billion that accounted for 3.8% of social security revenue. By eliminating it, the time when social security would be insolvent would be sooner.
Angry Charles is a Florida Man! No surprise there!
Yes, the real issue is what this would do to the federal budget. It would increase the deficit significantly.
