Gifts are only taxable when they are over $18,000 a year from one entity to a person.
Tips never should have been taxed in the first place.
It is like having to pay taxes on your birthday check from grandma.
I am not really sure it is a ‘gift’ when it is automatically added. The waiter isn’t a friend or family either. I would prefer higher wages rather than circumvent taxes that everyone else pays.
Pffft. Bull crap. It’s money people give you on account of you doing you job, and these days it’s practically extorted.
When Trump came up with this I said I was willing to go along because of the urgent necessity of winning. Still it’s like chewing glass to me. I worked very hard to get in the top quintile that pays 41.4% of all income taxes. Government’s endless schemes to supposedly lower the burden on, and expand, the bottom 40% that pay no taxes at all are paid for right out of my wallet. But what makes it insufferable is when it’s suggested that tipping your waiter is in the slightest sense the same as grandma sending you $20 for your birthday
Agreed. Tips are gifts. Taxable or not?