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To: All

Also.... which f’n administration was it that decided to start taxing tips to begin with. Seems like Clinton but the memory is foggy.


32 posted on 06/19/2024 7:08:31 AM PDT by LastDayz (A blunt and brazen Texan. I will not be assimilated.)
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To: LastDayz

“taxing tips”

As I understand it, tips were considered income that legally had to be reported as income on a 1040.

The 8% presumption rule was in effect before I even heard of the name of Bill Clinton.

The middle class began paying federal income tax under FDR. I think FICA was first for Social Security and then the 1040 stuff in a really big way for WW2. After WW2, leftists in Great Britain and the United States decided to continue high middle class income taxes to fund the modern welfare state.


50 posted on 06/19/2024 7:33:25 AM PDT by Brian Griffin
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