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/cgi-bin/YaBB.pl General Category >> Politics, Religion (Tall Table) >> Tipping /cgi-bin/YaBB.pl?num=1723741460 Message started by Eegore on 08/15/24 at 10:04:20 |
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Title: Tipping Post by Eegore on 08/15/24 at 10:04:20 Taxes on tipping, yes or no? Why? I would like to, if people can manage it, leave out whose idea this is/was/will be as I am not approaching this from a who I like as POTUS stance. Let's just say the idea came from the IRS at exactly midnight on election night. This is specifically about whether humans in geographically recognized US soil that work for less than minimum wage + tips should be taxed on the tips. I say yes. However since the first $11,000 of income is the initial tax-bracket, and for many not-taxed, I would be fine making tips non-taxed at that bracket. After that the taxes could increase the same as every other tax-paying human. If tips become non-taxable at any level, I will start charging $1 for my services and add $4076 per-day gratuity. This will surely work better for me than just charging $4077 a day. I am sure there could be restrictions on doing something like that, but do we need more legislation and tax-law to police the new tax laws? It feels like it would be more efficient to do away with tax+tips wages, however many small service businesses would have to make considerable pricing changes that may make their business unsustainable. What would be a reasonable way to mitigate the impact of such an action? |
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Title: Re: Tipping Post by thumperclone on 08/15/24 at 11:11:13 I vote do away with tips and pay a living wage |
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Title: Re: Tipping Post by Eegore on 08/15/24 at 12:01:33 I vote do away with tips and pay a living wage I would like to agree however I do not know how small businesses deal with that. Will expenses exceed market value due to payroll? For instance a smaller bar can not contend with Chili's for instance when it comes to volume purchases of alcohol/food. This appears that it would depend almost entirely on customers choosing to pay more for less at a local establishment over a chain restaurant, of which everyone has anecdotal evidence that they, or someone they know, always does this to support small business. However the success of chain restaurants shows that the majority will not choose local over price. Not taxing tips means purchase prices stay more consistent to their current amounts right? |
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Title: Re: Tipping Post by MnSpring on 08/15/24 at 12:07:41 3529342C312433222D2E2F24410 wrote:
Do you believe a 'Living Wage' is, or should be, different in any of these cases ? A 16 year old, living at home, with parents that both have jobs, flipping burgers at a fast food place. A 19 year old, living in the dorm at collage, working nights at a mart/mart gas station. A 22 year old, living in a apartment, working 2 jobs, one sorta in the field of Collage study, the other, a mart/mart gas station. A 33year old, living in a modest suburban house, slowly climbing the ladder. A 44 year old, living in a house in the country, managing 20 'mom&pop' stores. And on and on and on. What would be your take on a, 'Living Wage', and of course that, 'Living Wage', WILL BE TAXED. While all around, and increasing rapidly, are people who are LAZY, and 'work the system', anyway they can. |
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Title: Re: Tipping Post by thumperclone on 08/15/24 at 13:53:16 why would age decide wages for a particular job? you wouldn't' expect a burger flipper get paid the same as a master electrician..no matter the ages |
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Title: Re: Tipping Post by MnSpring on 08/15/24 at 14:14:08 5F435E465B4E59484744454E2B0 wrote:
So a 16 year old burger flipper, gets the same as a 26 year old burger flipper, who started flipping burgers when he was 16 ? "...you wouldn't' expect a burger flipper get paid the same as a master electrician..no matter the ages..." Agree In the case of the Burger flipper, one just started, one is 10 years, (assuming) more skillfully flipping burgers. Same pay, or different ? |
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Title: Re: Tipping Post by Graybeard on 08/15/24 at 14:25:52 https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEioQLw7GMFNKzLUb8LEO8lpSzKEa_d1x_uA-5Sc6zNHui6x4SjIQOVDHVFigkQ7innLF1l8pzXsW_UDI3tOB8J1W50gqdn3GLZJX_sc0sn7VfkAmjX6McOuUnKJ2B35MmV2FEhQG0BxmR5iJtQiNw167M_4i7aOqLwyFnUChIuK8x4ePJgDyXFYl9Jx_iwN/s1800/119. |
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Title: Re: Tipping Post by Graybeard on 08/15/24 at 14:30:03 Odds are if you're surviving because you're getting tips, you don't Pay taxes. You get it All back.. Or really close to it. Wait staff in High Class restaurants? IDK. Maybe they actually pay in.. But the overwhelming majority of people who are getting tips at work are not also putting money in their 401 K.. |
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Title: Re: Tipping Post by Eegore on 08/15/24 at 14:31:01 So a 16 year old burger flipper, gets the same as a 26 year old burger flipper, who started flipping burgers when he was 16 ? Possibly but you never stated anything like that in your initial question. Since the question is about tippable wages paid under minimum wage, they both will have a considerably similar pay as those scales have zero, or minimal ranges due to law. Livable wage is a huge range. If a human is ok living in a car, then less than minimum is typically a livable wage. If they own a few Yachts, livable is considerably higher. Alaska, California, Minnesota, Montana, Nevada, Oregon, and Washington do not have a tip credit and as such most likely pay tipped workers a "livable wage" as they still get minimum wage. Federal tipped wages minimum is 2.13 |
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Title: Re: Tipping Post by Eegore on 08/15/24 at 14:50:26 Odds are if you're surviving because you're getting tips, you don't Pay taxes. You get it All back.. Or really close to it. Wait staff in High Class restaurants? IDK. Maybe they actually pay in.. But the overwhelming majority of people who are getting tips at work are not also putting money in their 401 K.. I would agree with this for the most part. So should they pay taxes on their tips? |
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Title: Re: Tipping Post by WebsterMark on 08/15/24 at 15:36:21 7468756D706572636C6F6E65000 wrote:
“Living wage” is a sound bite for hyper partisans or those who can’t grasp macroeconomics. |
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Title: Re: Tipping Post by Graybeard on 08/15/24 at 15:37:48 Odds are They Don't. Should? Well,, that sounds like a dangerous idea. Should,, yeah,, I'm not interested.. |
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Title: Re: Tipping Post by WebsterMark on 08/15/24 at 15:44:35 Allowing for afew exceptions, you don’t want “burger flippers” earning enough to thrive. The manager? Sure, but not the grunts. Those are entry level, transition or 2nd job positions, not as the primary income source for a mature adult. |
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Title: Re: Tipping Post by Eegore on 08/15/24 at 21:01:41 Should? Well,, that sounds like a dangerous idea. Should,, yeah,, I'm not interested.. So no I assume. I should have clarified: Should laws exist that require taxation of tips? Or should laws exist that remove the requirement to pay taxes on tips? Specifically US law. I don't care if people follow it. |
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Title: Re: Tipping Post by Eegore on 08/15/24 at 21:04:38 Allowing for afew exceptions, you don’t want “burger flippers” earning enough to thrive. The manager? Sure, but not the grunts. Those are entry level, transition or 2nd job positions, not as the primary income source for a mature adult. I've always wondered why that is. The only plausible argument I've seen is that fast food is an easy entry job for youth, and if adults do it forever the entry level jobs for youth go elsewhere. I for one could care less if a human is happy working entry level fast food their entire life. I have a cousin that makes $22.25 per hour working at Taco Bell. The pizza place up the road from the medical center pays more per hour than they pay certified EMT's, and entry level techs. Should there be laws that require taxation of tips? Or should there be laws that eliminate the requirement to pay taxes on tips? |
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Title: Re: Tipping Post by WebsterMark on 08/16/24 at 03:30:34 Trump’s no taxes on tips it’s a political pandering technique. Will it cost the general revenue money? Sure probably drop in the bucket. Will it cost anything near what the Biden Harris political pandering technique of all time will cost, transferring student debt from the students to me? No, that will be in the billions. Of course, everyone should pay taxes on tips. It’s just a part of income like anything else. |
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Title: Re: Tipping Post by WebsterMark on 08/16/24 at 03:41:55 I've always wondered why that is. The only plausible argument I've seen is that fast food is an easy entry job for youth, and if adults do it forever the entry level jobs for youth go elsewhere. That’s one reason. It’s another version of the downside of increasing the minimum wage. Low pay, low skill, entry level jobs are the ideal method to incorporate young people into the workforce. I’m guessing many of us had jobs like that when we were kids. I for one could care less if a human is happy working entry level fast food their entire life. From a micro economic point of you, sure, there are a few people like that. No one gets to define someone’s view of what life, liberty, and the pursuit of happiness looks like. But it’s unlikely that will last for a long period sooner or later the cost-of-living rises more than that job should pay for that position, which either means the price of the product artificially gets inflated, or that person loses their job and is in a tough spot, and then finds himself unable to replace that income. it’s the equivalent of telling your child, it’s ok, you don’t need to go to school if you don’t want to. So you can say you could care less, but the reality is it affects you so you do care or you should care. I have a cousin that makes $22.25 per hour working at Taco Bell. and I don’t wanna have to pay more for a taco because your cousin is lazy and making more money than the market naturally dictates for that job.The pizza place up the road from the medical center pays more per hour than they pay certified EMT's, and entry level techs. |
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Title: Re: Tipping Post by Graybeard on 08/16/24 at 06:31:13 The Question is not about should. Trump made a promise that IF IF IF HE is elected.. Then Then When he is ABLE, HE will eliminate taxes on tips. Kamala then said the same thing. What is the Difference? She's the VP AND able to take action Today.. So, why is she just jawing about it IF she is elected? If she's Serious about it, she SHOULD BE DOING IT NOW. UNLESS maybe she's just promising to do something later that she Could be working at today, because she knows she's just pandering to democrats and they are too Stewpid to realize that If she was serious, she'd be working to accomplish it Now. |
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Title: Re: Tipping Post by MnSpring on 08/16/24 at 06:51:39 417374656273645B77647D160 wrote:
That was simply a move, to move this country closer to socialism/communism. Get all those votes from people to lazy to pay back their loan. What is next, get a loan on a car/boat/house, and let someone else pay it off, then KEEP IT ? |
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Title: Re: Tipping Post by Eegore on 08/16/24 at 07:11:23 The Question is not about should. Trump made a promise that IF IF... I would like to, if people can manage it, leave out whose idea this is/was/will be as I am not approaching this from a who I like as POTUS stance. Let's just say the idea came from the IRS at exactly midnight on election night. If one had a choice, would one vote for taxation of tips, or no taxation of tips? |
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Title: Re: Tipping Post by Eegore on 08/16/24 at 07:12:28 That was simply a move, to move this country closer to socialism/communism. So would you vote yes to taxation of tips or no? |
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Title: Re: Tipping Post by WebsterMark on 08/16/24 at 08:49:17 6B4B49415C4B2E0 wrote:
Yes, tips should be counted as taxable income. |
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Title: Re: Tipping Post by Eegore on 08/16/24 at 09:33:47 Yes, tips should be counted as taxable income. I agree. I am open to adjustments in certain areas though if it makes sense and is fair. |
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Title: Re: Tipping Post by MnSpring on 08/16/24 at 11:26:08 4464666E7364010 wrote:
Would Kamala or Walz. make that determination ????? Oh never mind, if ether one made a decision, it would NOT be remotely close to fair ! |
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Title: Re: Tipping Post by Eegore on 08/16/24 at 13:34:04 Would Kamala or Walz. make that determination ????? I would like to, if people can manage it, leave out whose idea this is/was/will be as I am not approaching this from a who I like as POTUS stance. Let's just say the idea came from the IRS at exactly midnight on election night. If one had a choice, would one vote for taxation of tips, or no taxation of tips? |
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Title: Re: Tipping Post by thumperclone on 08/16/24 at 13:45:19 tax all income |
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Title: Re: Tipping Post by Graybeard on 08/16/24 at 20:19:58 172231293235312234500 wrote:
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Title: Re: Tipping Post by Eegore on 08/16/24 at 23:47:53 Today.. So, why is she just jawing about it IF she is elected? If she's Serious about it, she SHOULD BE DOING IT NOW. UNLESS maybe she's just promising to do something later that she Could be working at today, because she knows she's just pandering to democrats and they are too Stewpid to realize that If she was serious, she'd be working to accomplish it Now. I would like to, if people can manage it, leave out whose idea this is/was/will be as I am not approaching this from a who I like as POTUS stance. If one had a choice, would one vote for taxation of tips, or no taxation of tips? Taxation of tips, yes or no? POTUS not pertinent unless your decision is POTUS dependent of course. |
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Title: Re: Tipping Post by Graybeard on 08/17/24 at 01:44:42 Hey,,maybe you don't read. I don't GIVE A FUKK,, I know,, you have to twist stuff, make sure coming to The Point doesn't happen. You can open a thread about the Should or should not of taxes. I'm pointing out how fukkin pathetic it is that she's dangling bait, And you are playing the Intellectual Pickpocket Redirecting. If you support gun control You ignore science And YOU are responsible for death. |
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Title: Re: Tipping Post by thumperclone on 08/17/24 at 04:35:19 I'm pointing out how fukkin pathetic it is that she's dangling bait, pathetic?? rising sea levels will create more ocean front properties |
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Title: Re: Tipping Post by WebsterMark on 08/17/24 at 04:44:36 667A677F627760717E7D7C77120 wrote:
No. If I sell a piece of private property, I should not have to pay income tax. If I buy an old motorcycle because I recognize its potential value, restore it and sell it for 10 times what I paid, why should that be counted as taxable income? |
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Title: Re: Tipping Post by thumperclone on 08/17/24 at 06:42:51 427077666170675874677E150 wrote:
No. If I sell a piece of private property, I should not have to pay income tax. If I buy an old motorcycle because I recognize its potential value, restore it and sell it for 10 times what I paid, why should that be counted as taxable income?[/quote] what you mention IS income= taxable |
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Title: Re: Tipping Post by Serowbot on 08/17/24 at 07:25:06 5F6D6A7B7C6D7A45697A63080 wrote:
No. If I sell a piece of private property, I should not have to pay income tax. If I buy an old motorcycle because I recognize its potential value, restore it and sell it for 10 times what I paid, why should that be counted as taxable income?[/quote] Now you're getting into interest and capital gains taxes A whole lot of fudging can happen there It's Trump's bread and butter |
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Title: Re: Tipping Post by WebsterMark on 08/17/24 at 11:54:09 427077666170675874677E150 wrote:
No. If I sell a piece of private property, I should not have to pay income tax. If I buy an old motorcycle because I recognize its potential value, restore it and sell it for 10 times what I paid, why should that be counted as taxable income?[/quote] Actually, I’m going to backtrack on that as it’s more nuanced than the example I created. If I owned a restaurant, I could claim the steaks I purchased were my personal property and I improved their worth by cooking them so why should I have to pay taxes on the payments my customers who eat those steaks? There’s no real difference between that and the refurbished motorcycle example. In the famous words of Emily Letella, “Nevermind” |
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Title: Re: Tipping Post by WebsterMark on 08/17/24 at 11:55:40 3F293E233B2E23384C0 wrote:
No. If I sell a piece of private property, I should not have to pay income tax. If I buy an old motorcycle because I recognize its potential value, restore it and sell it for 10 times what I paid, why should that be counted as taxable income?[/quote] Now you're getting into interest and capital gains taxes A whole lot of fudging can happen there It's Trump's bread and butter[/quote] FFS…Trump…Trump..Trump. A better example would be Nancy Pelosi or Hilary Clinton. |
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Title: Re: Tipping Post by Eegore on 08/17/24 at 13:33:26 I'm pointing out how fukkin pathetic it is that she's dangling bait, And you are playing the Intellectual Pickpocket Redirecting. Redirecting to the original question asked on this thread. You can complain all you want, I am just asking one question. I would like to, if people can manage it, leave out whose idea this is/was/will be as I am not approaching this from a who I like as POTUS stance. If one had a choice, would one vote for taxation of tips, or no taxation of tips? |
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Title: Re: Tipping Post by Eegore on 08/17/24 at 13:36:58 Actually, I’m going to backtrack on that as it’s more nuanced than the example I created. If I owned a restaurant, I could claim the steaks I purchased were my personal property and I improved their worth by cooking them so why should I have to pay taxes on the payments my customers who eat those steaks? There’s no real difference between that and the refurbished motorcycle example. I agree. I would however be ok with increasing the $600 minimum on sales of personal property without reporting it. |
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Title: Re: Tipping Post by WebsterMark on 08/17/24 at 16:00:12 68484A425F482D0 wrote:
1) I don’t remember selling anything over $600 within the past 10 years or so but if I did, I’m not reporting that as income. |
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Title: Re: Tipping Post by Eegore on 08/17/24 at 16:04:54 1) I don’t remember selling anything over $600 within the past 10 years or so but if I did, I’m not reporting that as income. This mostly impacts people selling things on the many online auction sites or use digital payments. Selling $2000 in junk from your garage on eBay will result in them sending you the tax reporting information. You can ignore it and hope the IRS does too. I'm sure plenty of people do. I would however be completely ok with that limit being much higher. 50% of the Federally recognized "poverty" income amount would be a start. |
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Title: Re: Tipping Post by Serowbot on 08/17/24 at 16:29:10 I was flippin' bikes for while,.. the rule here is like 6 per year I think After that it's a business I forget the details so don't quote me on that ;D ... but you're allowed to sell yer' own car or bike Not a 100 of them Makes sense Pppfttt! The topic is tipping Tips are income... you make them at work I tip people that work privately for me. The guy that fixed my air conditioner, trimmed my trees, etc I'm not tipping Little Caesars for handing me a box :P |
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Title: Re: Tipping Post by Eegore on 08/17/24 at 18:22:00 I'm not tipping Little Caesars for handing me a box Do you mean at the store, or the delivery driver? I tip delivery drivers. I do find myself in a situation where I would like to tip everyone, but since I think a lot of those scenarios are inappropriate, like tipping Advance Auto for grabbing the part I ordered online. I wouldn't mind tipping that staff $50, but I do it cash when I can because I hate to see digital tipping on the payment screens there. It just affirms to the company that customers are ok with it. I do however think that guy should claim and pay taxes on that $50 since it was done specifically in the scope of his employment and was not a gift. |
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Title: Re: Tipping Post by Serowbot on 08/18/24 at 06:46:31 I mean at the store, at the counter... you put your card in the slot and it asks how much you'd like to tip What am I tipping? I'm already paying for the pizza While I'm on a pizza rant... there's Papa Murphy's where they act like handing you an uncooked pizza is a feature They have no ovens using electricity, they don't have to clean them, cheaper air conditioning, faster turn around and you go home and have to cook it yourself? So special... How big a fool do you think I am? That was rhetorical :-? |
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