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Donald Trump’s Tips-Tax Gambit. He plays Biden-lite on tax policy with a carve-out for tipped income. His 2017 tax reform was better policy.
Wall Street Journal ^ | June 17, 2024 | WSJ Editorial Board

Posted on 06/19/2024 10:47:07 AM PDT by karpov

click here to read article


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To: 9YearLurker
Sure, but it saves the Trumps more than it saves Joe Small Town.

Nope, don't agree. Puts more cash in regular Joe's pockets.

21 posted on 06/19/2024 11:21:21 AM PDT by frogjerk (More people have died trusting the government than not trusting the government.)
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To: karpov

No tax on tips is a tax cut that goes directly to the working class. Thays why the thugs in “conservative intelligentsia” don’t like it. Then want some complicated line item. Go away and stop trying to undermine the campaign


22 posted on 06/19/2024 11:23:35 AM PDT by wiseprince (Me)
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To: karpov

I am happy when anyone gets to keep more of his/her own money.

I want to keep more of mine.


23 posted on 06/19/2024 11:26:22 AM PDT by mewzilla (Never give up; never surrender!)
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To: karpov; All

cost the federal fisc at least $150 billion over 10 years

Ukraine got 60 billion in 1 year. Take it out or his fund. Not to mention this doesn’t COST the government anything. It sounds like these fools assume every dime is theirs and any moneu that theyblet the people keep is a cost to the government. The heck it is!


24 posted on 06/19/2024 11:27:01 AM PDT by wiseprince (Me)
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To: Eccl 10:2

WSJ doesn’t like it because it will get lot of votes from a group previously lip locked to Democrats


25 posted on 06/19/2024 11:28:17 AM PDT by Gaffer
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To: karpov

I say this as someone who consistently tips 20% or more, and sometimes 50%-100% at places that treat me like family.

I would rather tipping go away altogether, and staff be paid for the value of their labor by the business. When I am travelling to places where there is no tipping, I get just as good of service. Frequently better. This is likely because too many complaints would get a server fired.


26 posted on 06/19/2024 11:28:55 AM PDT by ETCM (“There is no security, no safety, in the appeasement of evil.” — Ronald Reagan)
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To: karpov

In Italy “’Servizio incluso’ means that service is included, meaning they’ve already figured in a tip for you – it’s usually around 15% – so the total due on your final bill is all you’ll owe. If the service has been particularly outstanding or you’ve had a great experience, you can compliment the waiter by rounding up or leaving a couple Euro on the table.”

https://europeupclose.com/article/tipping-in-europe/


27 posted on 06/19/2024 11:32:24 AM PDT by Brian Griffin
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To: wiseprince

No, reducing tax rates, as I advocated, is not a “complicated line item”.


28 posted on 06/19/2024 11:36:53 AM PDT by karpov
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To: karpov

I think Trump suggested doing away with income taxes all together in favor of tariffs.


29 posted on 06/19/2024 11:44:05 AM PDT by Jonny7797
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To: frogjerk

Makes Joe Small Town Who Doesn’t Have Tipped Workers pay more to make up for it.

No, thanks.


30 posted on 06/19/2024 11:47:52 AM PDT by 9YearLurker
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To: Jonny7797

Taxing tips was always stupid. I always tip in cash so the server/cook/busboy can just pocket it.

Even though it wouldn’t make much of a dent on their returns [see above], the idea is wildly popular.

Dementiacrats are just pissed they didn’t think of it first.


31 posted on 06/19/2024 11:49:42 AM PDT by TonyinLA (I don't have sufficient information to formulate a reasoned opinion said no lefty ever.)
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To: karpov

You are only using the onenpolicy, nontax on tips, which is being highlighted because it plays well to the public and ignoring the rest of his policy. He has, on more than one occasion, said he’ll ALSO be cutting personal taxes and corporate taxes across the board. He’s even floated getting rid of the income tax entirely. The issue he puts to the forefront for the campaign is not thw whole policy. Sheesh.


32 posted on 06/19/2024 11:51:35 AM PDT by wiseprince (Me)
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To: Harmless Teddy Bear

Tips are pay and treated as such within the business, the employers know it and the people who work for tips know it.

You don’t tip everyone because you know who works for tips as pay and who doesn’t.


33 posted on 06/19/2024 12:23:00 PM PDT by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
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To: ansel12
Tips are gifts freely given.

You do not tip everybody because not everybody deserves a tip.

34 posted on 06/19/2024 12:25:29 PM PDT by Harmless Teddy Bear ( Roses are red, Violets are blue, I love being on the government watch list, along with all of you.)
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To: karpov

How is that Biden lite? Leave it to WSJ. What has Biden done for the average working stiff besides drive them into poverty?


35 posted on 06/19/2024 12:26:26 PM PDT by McCarthysGhost
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To: Harmless Teddy Bear

LOL, you would be amazed at the people going out of their way for you that you don’t even think to tip.

I’ve been in service work in different forms and some is known to require tipping and others aren’t so people don’t, no matter how much you do for them.

Besides, for a topless dancer her job is to dance, for a waiter, it is his job to bring you your food and refill your glass, it isn’t like they came down out of the summer attic running wire or from crawling through mud and water under your house in the winter to fix a leak to suddenly be really nice and set some food plates in front of you.


36 posted on 06/19/2024 12:45:51 PM PDT by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
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To: Harmless Teddy Bear
Tips are gifts and should not be taxed.

Tips are payments for services rendered. Since the restauranteur pays the waiter only a pittance, the waiter isn't working for him. The waiter is working for you, the customer.

37 posted on 06/19/2024 12:49:35 PM PDT by NorthMountain (... the right of the people to keep and bear arms shall not be infringed)
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To: Harmless Teddy Bear

Thank you!


38 posted on 06/19/2024 12:49:59 PM PDT by Segovia
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To: ansel12

Nice try, but that electrician and that plumber are already making sixty bucks an hour, your waitress may even be exempted from getting the minimum wage. I used to own a restaurant.. Hardest working people I know were the wait staff.


39 posted on 06/19/2024 1:03:43 PM PDT by Segovia
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To: Segovia

“”””Nice try, but that electrician and that plumber are already making sixty bucks an hour, your waitress may even be exempted from getting the minimum wage. I used to own a restaurant.. Hardest working people I know were the wait staff.””””

Thank you, those tips are their wages and we all know it.


40 posted on 06/19/2024 1:13:39 PM PDT by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
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