Donald Trump calls for ending taxes on tips, drawing mixed reaction from Republicans

NBC News ^ | June 18, 2024 | Scott Wong and Sahil Kapur

[Red Badger]

"COST $250 Billion"?

It wouldn't 'cost' a damn thing!

These people are economic morons...............

[ConservativeMind]

I see voluntary tips as gifts, which should never be taxed.

[larrytown]

“You’ve just got to be careful with it. We’re running these trillion-dollar deficits. Got to be careful with all of this.,” Buchanan said. “I want to be sensitive, because they work hard. And obviously a big part of their earnings is tips. All these programs sound good; everybody likes to pay less taxes. But we got to pay the bills.”

Or...you could just 'CUT SPENDING'.

[Lurker]

“Buchanan said. “I want to be sensitive, because they work hard. And obviously a big part of their earnings is tips. All these programs sound good; everybody likes to pay less taxes. But we got to pay the bills.”

Maybe you clowns could stop spend money we don’t have.

Just a thought.

L

[mikelets456]

True. Instead of these fake feel good “$20 hour” wages, just get rid of income tax and property taxes. That way, people would have so much more disposable income. Also, if our government stopped printing and spending we would not need all the feel good government mandated wages.

[PGalt]

HOORAY 47. Demons sucking the blood out of over-taxed, hard-working Americans.

[mikelets456]

You mean “ cut corruption and wasteful spending” which is over 95% of it.

[gathersnomoss]

What has the federal government done FOR you lately? What is it costing you?

[Jim W N]

One analysis says it'd cost up to $250 billion.

Cost who? The gov't. Who the hell cares what the cost is to the feds that is 80%+, $3+ trillion unconstitutional?

[Rlsau1]

“Or...you could just ‘CUT SPENDING’”

Evidently, the world as we know it would come to an end if Washington were to act responsibly and live within the $trillions it already takes in. Just too many parasites living off OPM (other people’s money).

[Bob434]

The left are giving our money, which amounts to over a trillion dol.ars a year when. Everything is factored in, to house, feed educate, plus incidental costs related to their criminal activities etc etc etc illegals

I have stats in my profile page which were from decades ago which had the esti ate back then at between $400-$600 billion- I’m sure that has climbed to over a trillion today given how many illegals have poured in to our nation

Imagine if we stopped paying a trillion or so a year on crim8nals who have broken our laws, and Instead helped out law abiding citizen low wage earners have a better life I stead

[allendale]

Any waiter or waitress dumb enough to declare a cash tip should pay taxes on it. Problem these days is that the “tip” is already on your bill and often paid by credit card. Cash gives people freedom . That is why the government wants a “cash free” society.

[Jim W N]

How about CUT TAXES AND SPENDING?

Gee, what a thought.

The federal gov’t which is 80%+, $3+ trillion unconstitutional (i.e. illegal) is the greatest threat to our lives, freedoms, and country.

[eyeamok]

He should be callinb for a repeal of the 16th amendmnet and going back to 100% tariff funding of government if he really wants to start the fire to burn it all down.

[PGalt]

Yes, STOP spending. Approaching 35 trillion in debt. We the citizens are overtaxed debt slaves to BIG GOV.

[JayGalt]

Trump also suggested he would eliminate income tax and institute higher tariffs to fund the Government. That has raised quite a few hackles & naysayers. However those naysayers are not used to thinking outside the box.

Eliminating the IRS would save a great deal of money. Eliminating a few other Departments like the Department of Energy would save more. The $ spent on tax prep, tax planning & tax attorneys would plummet.

A tax on purchases with shielding of groceries, necessities, and non luxury goods would generate federal $ with a very small bureaucracy and would encourage savings.

The tariffs would shield American industry and encourage foreign companies to build plants in the USA with resultant job creation and cheaper goods since they would not need to be shipped internationally.

[larrytown]

At this point, cutting anything would be a start - it would at least show that they’ve heard of the concept.

[know.your.why]

I see voluntary tips as gifts, which should never be taxed.

Ditto. Gifts. Hustle reward. These ppl bust their ass...some of them...so I like to say thank you. None of them are getting rich ffs.

[dfwgator]

"I'm very sorry the government taxes their tips, that's ______ up. That ain't my fault. It would seem to me that waitresses are one of the many groups the government ____ in the ass on a regular basis. Look, if you ask me to sign something that says the government shouldn't do that, I'll sign it, put it to a vote, I'll vote for it, but what I won't do is play ball. And as for this non-college bullsh__ I got two words for that: learn to _____' type, 'cause if you're expecting me to help out with the rent you're in for a big _____' surprise."

[Alberta's Child]

If I had my way I would adopt two related policies:

1. Eliminate the lower minimum wage for service workers who get tips.

2. Eliminate income taxes on tips.

You can’t do #2 without doing #1. Federal law, and many state laws, allow these workers to be paid less than the minimum wage, but only if their combined wages and tips meet or exceed the federal or state minimum wage. So employers are required to track the tips paid to their employees anyway, and end up reporting it as taxable income on the W-2 forms of the employees.