“They’re talking about the taxes on tips. Trump says he’s going to stop taxing tips and they’re trying to make the case that is buying votes.”
Actually, Trump proposed removing taxes from Social Security payments. That’s what the pandering is about.
Oh I didn’t know about that. Trump is talking exempting SS benefits?
That would be really something.
That’s crap. We paid into SS with taxed money so taxing SS income is double dipping
"Social Security benefits weren’t taxed until 1983 when the Greenspan Commission recommended the idea to shore up the program’s dwindling finances. Congress moved to require beneficiaries with more than $25,000 in income to pay tax on up to 50% of their benefits. Ten years later Congress did it again by taxing an additional 35% of Social Security benefits for seniors with income above $34,000."
IOW: "Hey, we're gonna just take this right back and call it normal."
He’s done both, and I’d rather see tipped employees be required to follow the same wage laws everyone else does, sans Ag companies.
I fail to see a reason to tax SS. Considering it is repayment on decades of interest free loans to Fedzilla.
Repeat 100 times a day.