Posted on 09/17/2024 9:03:38 PM PDT by SeekAndFind
A good idea is a good idea — maybe that's why Kamala Harris is stealing some of former President Trump's ideas on various issues, like his "no tax on tips" proposal. The vice president is making like it was her idea, and in an even more satisfying development, a Democrat Congressman — Rep. Steven Horsford (D-NV — on Tuesday introduced a bill to make tips given to service workers tax-free.
Rep. Steven Horsford (D-Nev.) officially introduced legislation on Tuesday seeking to eliminate federal taxes on tips, a proposal that both major presidential candidates have backed.
The Tipped Income Protection and Support (TIPS) Act would also eliminate subminimum wages for tipped workers, to “prevent employers or high-end earners from exploiting the elimination of federal taxation of tip,” Horsford said.
Democrat or not, it's a good idea. Tax reductions are always good, and this one will incentivize workers in the service industries that are traditionally for tips — restaurant wait staff and so forth. Former President Trump has also proposed a "no tax on overtime" plan as well, which would be an even better idea; want to see productivity in hourly wage makers explode? Incentivize them to work longer hours without worrying about jumping tax brackets.
Incentives matter.
See Related: Trump’s 'No Tax on Tips' Movement Is Growing
Tax Foundation on Trump's 'No Tax on Tips' Proposal - Good Idea or Boondoggle?
But let's go back to "no tax on tips." Here's the fun part. Rep. Horsford, a Democrat, not only supports this no tax on tips idea that originated with the Democrat's worst nightmare, Donald Trump, but has actually authored a bill and introduced it. He's very proud of it, too; he gave a speech on the Capitol steps on Tuesday, and he rang at least one predictable bell.
“Today, I am proud to be introducing a bill because a disproportionate number of the 6 million tipped workers who are women and people of color make as little as $2.13 cents an hour, which really is poverty wages, at a time when families and workers are trying to afford the cost of living,” Horsford said at the event.
Horsford’s bill would exempt up to $112,500 of tips from income taxes for service workers across the country.
“Latinas and Black women in particular face significant pay disparities earning less than their white male counterparts. If we’re serious about income equality and closing the gender pay gap, then this is the bill that people need to get behind,” Horsford said.
So it's a good idea introduced for screwy reasons. It's still a good idea.
Now, let's presume (and hope) that in January of 2025, we see Donald Trump inaugurated as president and a GOP-controlled Congress seated. Now, there is a chance to implement the Trump agenda, and in that, we can rely on one thing: The Democrats will bitterly oppose anything a Republican Congress may try.
Including "no tax on tips."
Political parties are frequently schizophrenic beasts, and none more so than today's Democrats; even so, refusal to support a bill that one of them authored and introduced in the previous Congress will likely be a bridge too far. This is a bill that may very well pass, and you can bet the farm that a newly inaugurated President Trump will make a production of signing. The Dems may oppose it because Orange Man Bad, but it's a safe bet that a few will jump ship — and even if they don't, it's a political victory for the GOP and a financial victory for wait staff and other tipped workers all across the fruited plain.
Win-win.
Campaign deception. The NV Rats should be called out on locally.
Attach no tax on social security and overtime as well … see what happens then
Besides, the government should not be in the business of picking winners and losers. The purpose of taxing income is supposed to be to fund government spending, not pander to various special interest groups.
Pull the SAVE act from the CR and attach it to this bill. Pass it through the House and send it to the Senate.
Good idea. I hope Republicans add on SS and overtime pay. See what happens.
Don’t leave NO tip. That can be written off as negligence on your part. Leave a penny. That’s a message.
This is not true.
Wow, a lot of stupidity to unpack in one post.
Repeat after me: All tax cuts are a good thing.
Now, don't get me wrong: I think it's a good thing when people find ways to avoid sending their hard-earned pay to what has become a corrupt and irresponsible government ... but ...
Everyone else is forced at the point of a gun to pay taxes on everything they earn, including money received for a job well-done. So why the special break on "tips"? (except to score political points, of course!)
Before Trump said he was going to do it what was Rep. Steven Horsford (D-NV doing besides keeping a chair warm.
Proof democrat party has to steal a good idea to have one.
If you’re tipping in cash they already are not paying taxes on it because they don’t report it. Credit and debit cards are reported automatically.
I tip with cash and write on the receipt, No Tax On Tips!
Attach the SAFE Act to it. Keep hammering away on it until it’s law.
“Before Trump said he was going to do it what was Rep. Steven Horsford (D-NV doing besides keeping a chair warm.”
Well, he once spent some time having an affair and then threatening his wife when she might have exposed the situation:
But, being a member of a protected minority group, he never had to face the consequences of his actions and the liberal media (of course) didn’t need to be threatened to keep THEIR silence regarding the behavior of this monkey.
He represents a slightly D-leaning district in the Las Vegas area.
The Vegas area consists of 3 congressional districts, all of which are represented by Democrats. Before the most recent Democrat gerrymander there was one utterly safe D district and two shaky ones (including Horsford’s).
That’s been changed so that Horsford in CD-4 and Susie Lee in CD-3 are now safer than they were before, but the other district is a little marginal now too. All 3 still lean left.
But to such a small degree that in a *very* good Republican year (dream on) the GOP could theoretically SWEEP all 3 Vegas districts.
In any event, the fact that the Rats designated this homeboy to be the one to get credit for stealing Trump’s idea shows that they fear Horsford to be the Vegas-area Democrat who is most in danger of losing this year.
(Spoiler alert: he’ll probably win by a narrow margin, again.)
He’ll probably win by a narrow margin, again
Have cash will deliver deal he fit they type.
If you can’t rig the game bribe it.
DNC winks
If you’re tipping in cash they already are not paying taxes on it because they don’t report it. Credit and debit cards are reported automatically.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.