Agree. This is BS.
Ditto that.
My wife is an RN with pre-tax income of about $125K/year.
We pay LOTS of taxes.
We are NOT wealthy.
More smoke and mirror gibs me dats for folk who pay next to nothing in taxes, overall.
Screwed again, just like the “No taxes on Social Security” BS.
Part of me does actually grasp the political expediency.
But over and over again, I have to keep asking? Why do *I* keep having to pay for it?
Like, “no tax on tips” — OK, fine. Maybe it lured enough voters to reject CommieLa. And hey - back in my very young days? I tended bar and waited tables, too. So I get it.
But, after a lifetime of working hard, striving, and yes - now making good money? How about tossing *ME* a bone for a change?
I enjoy going out to eat. I tip well - mostly because I *do* remember how hard I worked BITD and how much (or how little) I made.
I am ALWAYS in favor of getting the government’s greedy paws off money...
So, what about pairing “No tax on tips” with allowing ME to claim a deduction for those untaxed tips? Fine, cap it, whatever.
But... if those “tips” are ultimately coming out of MY pocket? How about you let me just claim those tips as nontaxable income? I’m 100% willing to keep all my receipts and even fill out a form.
It’s wealth redistribution, period. Mamdani, Sanders, AOC and all socialists probably love it.
The hard working, middle class, screwed again.