Posted on 07/06/2025 10:28:27 AM PDT by where's_the_Outrage?
Trump broke no promise
Nice try spinsters .
Spineless rinos and commie Dems did this.
“Tipped workers will still face the 7.65% combined payroll taxes that fund Social Security and Medicare”
Oh so they will have to file quarterly payments forbSS taxed?
If you’re making over $25k in tips, you can afford it.
” She estimates she usually gets $200 to $300 every two-week pay period from tips.“
Good lord I knew girls making 200.00 a night back in ‘82. So much for the high rollers.
$25,000 in TIP income is HUGE. I wonder how many filers actually make that much
Also- everyone pays payroll taxes, so that’s a ridiculous complaint.
Hey, thats $25,000 in tax free tips people didn’t get from anyone else. It was hard to get that thru this Congress, and its a great place to build on in the future.
Tip with cash.
Which I am inclined to see as a good thing.
…now let’s critique President Trumps “ no tax on Social Security “….that failed also.
Do remember SS was NOT taxed….our President Regan instated tax on Social Security income.
AI (verified by history):
“During Ronald Reagan’s presidency, Social Security benefits were taxed for the first time, starting in 1984, as part of a compromise to address the program’s financial issues. ”
$25000 of newly-untaxed income is damned good ... it is worth several thousand dollars in saved taxes
the campign promise to end fed income taxation of pensions did not get fulfilled hardly at all
the promise to end the SALT deduction limitation got partially fulfilled — a pretty good outcome (but with an income cap like on the tips, dam* — this communistic income-capping of deducations is just like the da,*ed income tax system to begin with, an effort to grind all of us citizens...oops, I meant.... all slaves down to the lowest and most dependent common denominator
we need to get the H*** rid of the income tax system! Tariffs should suffice but if more $$ is needed we could abide with a simple fair flat tax on income above a living level, period.
whatever the details, the tip-recipients came out pretty well and far far far better than people usually do with political campaign promises
the Dems fought the tip-recipients tooth and nail to keep taxing 100 percent of their tip income
And plus an almost 16,000 standard deduction that’s 41,000 in tips before you ever pay a dime
When my daughter turns 14 and can legally work I hope to get her to pump gas at our local BP fueling boats. Talked to the current girl and she gets tipped normally $5-$10 per boat working 3 days a week.
It was never in doubt that Social Security and Medicare would still be applied to tips
The discussion was always about the income tax
My wife and I somehow managed to have jobs that involved actual hard work, dedication and working every holiday which didn’t receive any tips. In truth I have never understood the “tipping culture” in this country. For those who don’t know this is not the way business is done in much if not most of the rest of the world.
As a group... I have never come across a group of more entitled feeling Primadonnas than the typical waiters and waitresses working in American restaurants. No one seems to tip the garbagemen, the people who actually prepare food, farmers, cattlemen, mechanics, construction workers, factory workers and on and on. The myth of the long-suffering waiter and waitress is just that... complete BS. Instead of ending the tax on tips, the government should have been looking into ways to double or triple the government’s cut.
Most of these workers are in the 10% tax bracket. An extra 2500/yr is no big deal.
Our tax code is larded with promises that make for poor policy. From ethanol on down/up.
“Tip Cash”
Me too. The waiter can decide whether to claim it as income or not.
But more and more places are Credit Card or Debit only.
25K in credit card tips + tips paid in cash = no tax on tips.
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