Trump to eliminate taxes on tips

[Pimpadeaux 2,403]

2 minutes ago, squistion said:

For that reason, I think this idea sounds great in theory but is unworkable in practice as it would involve an overhaul of compensation in the hospitality industry. 

Plus, these days so many places have tipping options at the register. 

[Strike 4,869]

4 minutes ago, squistion said:

For that reason, I think this idea sounds great in theory but is unworkable in practice as it would involve an overhaul of compensation in the hospitality industry. 

Well, I don't know that it's unworkable.  I was in Australia for work and tipping isn't something they do over there.  The cab driver looked at me like I was nuts when I tipped him, and the waitress as well.  So it's doable.  But it's so ingrained in to our culture that I don't see something like that changing overnight with the signing of a piece of legislation.  And that would be chaotic, which may be what you're getting at. 

[edjr 6,385]

23 minutes ago, BeachGuy23 said:

Of course.  What percentage of people do you think carry cash?  Let alone tip in cash?

They collect it by servers declaring it.  They declare it because there's a paper trail.

Why is this confusing to you?

Even cash only places?

[RaiderHaters Revenge 4,075]

11 minutes ago, Pimpadeaux said:

What about the military? Eliminate the military?

most the military is privatized, sure

you mean we couldnt invade other countries any more?  

ok

 

[BeachGuy23 642]

Just now, edjr said:

 

You think the vast majority of people DON'T tip with credit cards?

HAHAHAHAHAHAHAHA

[BeachGuy23 642]

7 minutes ago, jerryskids said:

Your false equivalency is stupid.  Every tax other than a pure flat tax targets one group over another.  From that you conclude we should forgive student loans.  Jeebus.  

I guess you're not as smart as you think you are, despite the 500 patents you needed to tell us about...

I simply compared pandering to a very specific group that would leave a financial shortfall to the US treasury and said shortfall would ultimately have to be funded by all of us.

You're dismissed.

[edjr 6,385]

2 minutes ago, BeachGuy23 said:

You think the vast majority of people DON'T tip with credit cards?

HAHAHAHAHAHAHAHA

especially at cash only places  

[BeachGuy23 642]

Just now, edjr said:

especially at cash only places  

Cash only places?

HAHAHAHAHAHAHAHAHAHAHA

Oh yea, cash only places make up a bigly percentage of establishments these days...

Freaking many food trucks are swipe option only now boyo?

Do you ever leave the house?

Cash only places?

[weepaws 3,035]

43 minutes ago, edjr said:

One thing maybe some of you don’t know. They raised minimum wage for servers here in taxachusetts. It is like 6 now instead of the 2.25 it was for 20 years

I don’t see why that matters, if someone is giving a tip, because their service was appreciated, that’s a gift, not income.  I don’t see why it’s a big deal.  

[weepaws 3,035]

35 minutes ago, RaiderHaters Revenge said:

beautiful, taxation of tips should have never been allowed

we let illegals work under the table, time to start letting americans keep their gifts for their labor

Agreed. 

[RaiderHaters Revenge 4,075]

here's a thought

if you think tips should be taxed, don't tip me, instead just send more of your money to the govt directly and cut out the middle man

this country has an over taxation problem, money gets taxed so many focking times before it gets to your pocket

 

 

[weepaws 3,035]

35 minutes ago, Pimpadeaux said:

Nice to see him prioritizing this instead of offering up ideas on immigration, inflation, the national debt, energy, foreign policy and other insignificant issues.

You mean fixing the crap biden has focked up? 

[edjr 6,385]

8 minutes ago, BeachGuy23 said:

Cash only places?

HAHAHAHAHAHAHAHAHAHAHA

Oh yea, cash only places make up a bigly percentage of establishments these days...

Freaking many food trucks are swipe option only now boyo?

Do you ever leave the house?

Cash only places?

Barbershops? nitwit
I know of 3 subshops/pizza places here that are cash only. nitwit
Italian food/pastry shops? nitwit
There are more. Nitwit

 

[seafoam1 2,579]

Just now, RaiderHaters Revenge said:

here's a thought

if you think tips should be taxed, don't tip me, instead just send more of your money to the govt directly and cut out the middle man

this country has an over taxation problem, money gets taxed so many focking times before it gets to your pocket

 

 

Liberals don't get it cause they can't stop themselves from partisan spending. They are like a bunch of dumb women maxing out the credit cards on useless shlt. 

[weepaws 3,035]

3 minutes ago, edjr said:

Barbershops? nitwit
I know of 3 subshops/pizza places here that are cash only. nitwit
Italian food/pastry shops? nitwit
There are more. Nitwit

 

Lots of cash only business in the Tahoe , Reno area.   One of the family run business we own, is cash only.  

[jerryskids 6,243]

11 minutes ago, BeachGuy23 said:

I guess you're not as smart as you think you are, despite the 500 patents you needed to tell us about...

I simply compared pandering to a very specific group that would leave a financial shortfall to the US treasury and said shortfall would ultimately have to be funded by all of us.

You're dismissed.

500 now?  Throwing the gun, knife, and slingshot!

Also:  Your false equivalency is stupid.  Every tax other than a pure flat tax targets one group over another.  From that you conclude we should forgive student loans.  Jeebus. 

Every tax policy should be assessed based on it's merits.  To say "well, you support A, so you must support B", is beyond intelligent conversation. 

[edjr 6,385]

11 minutes ago, BeachGuy23 said:

Cash only places?

HAHAHAHAHAHAHAHAHAHAHA

Oh yea, cash only places make up a bigly percentage of establishments these days...

Freaking many food trucks are swipe option only now boyo?

Do you ever leave the house?

Cash only places?

hey Captain Spaulding.

https://business.yougov.com/content/48650-cash-remains-king-67-of-americans-still-prefer-traditional-in-store-payment

Cash remains king – 67% of Americans still use traditional in-store payment - 2024

 

[jerryskids 6,243]

5 minutes ago, edjr said:

Barbershops? nitwit
I know of 3 subshops/pizza places here that are cash only. nitwit
Italian food/pastry shops? nitwit
There are more. Nitwit

 

I pay (and tip) my barber in cash.  He accepts CCs, but I want him to get my money.   

[edjr 6,385]

1 minute ago, weepaws said:

Lots of cash only business in the Tahoe , Reno area.   One of the family run business we own, is cash only.  

he’s just a clueless nitwit blowhard 

[weepaws 3,035]

Just now, jerryskids said:

I pay (and tip) my barber in cash.  He accepts CCs, but I want him to get my money.   

Same, I carry cash, even if we go out to eat, I pay and tip in cash. 

[edjr 6,385]

2 minutes ago, jerryskids said:

I pay (and tip) my barber in cash.  He accepts CCs, but I want him to get my money.   

none of the 6 barbers here in my town (that I go to, I hate waiting) accept anything but cash. some have atm in shop

also, we go out to eat at least 3 times a week. leave cash tip of the time

[weepaws 3,035]

1 minute ago, edjr said:

he’s just a clueless nitwit blowhard 

Since day one. 

[seafoam1 2,579]

FFS. What is the % of cash only businesses in the US? And how much of the economy do they make up? 

[TimHauck 2,503]

15 minutes ago, edjr said:

hey Captain Spaulding.

https://business.yougov.com/content/48650-cash-remains-king-67-of-americans-still-prefer-traditional-in-store-payment

Cash remains king – 67% of Americans still use traditional in-store payment - 2024

 

That is for all “in store” payments.  If we’re talking sit-down restaurants (which I’d bet account for the majority of total tips earned nationally), I think BeachGuy’s estimate of ~80% using credit cards is probably accurate.  Yea, there are plenty of cash only places, but as you mention they’re mostly pizza and sandwich shops where the employees are likely not making much of their income in tips.

[TimHauck 2,503]

1 hour ago, edjr said:

You think people tip on credit cards at bars and fast food type places?

Lets pretend it is 80%. What is the IRS and your master doing now to collect it?

Bars yes, although maybe more like 50-60% IMO.   Who tips at fast food places?

But this may be a good idea.  If I pay in cash at Jersey Mike’s will it still ask me on the touchscreen if I want to tip them 20%?

[BeachGuy23 642]

23 minutes ago, edjr said:

Barbershops? nitwit
I know of 3 subshops/pizza places here that are cash only. nitwit
Italian food/pastry shops? nitwit
There are more. Nitwit

 

Barbershops?  Subshops?  Pizza places?

Oh, so .001% of establishments are cash only...you sure showed me boyo...

HAHAHAHAHAHAHAHAHA

[purdygood 306]

12 minutes ago, weepaws said:

Same, I carry cash, even if we go out to eat, I pay and tip in cash. 

same. my girlfriend thinks i'm weird but i always keep cash on me.  when we go out to dinner i prefer to get the bill, leave cash and go.   I dont have to wait for them to take my card and come back for signature.

[BeachGuy23 642]

33 minutes ago, edjr said:

hey Captain Spaulding.

https://business.yougov.com/content/48650-cash-remains-king-67-of-americans-still-prefer-traditional-in-store-payment

Cash remains king – 67% of Americans still use traditional in-store payment - 2024

 

LOLOLOLOLOLOLOL

Moron doesn't understand how to read charts.  That 67% is for the % of people that HAVE used that option dummy.  If you really think that a bigly % of folks are paying for restaurants, pizza places, convenience stores, food trucks, and everything else with cash you have your stupid head shoved up your stupid as$.

And just as I said, the bigly majority pay at restaurants with a card, not cash.

https://www.pymnts.com/credit-cards/2023/credit-card-users-are-the-biggest-spenders-at-restaurants/

https://www.touchbistro.com/blog/the-ultimate-guide-to-payment-processing-for-restaurants/#:~:text=86% of Canadians and 77,when dining in at restaurants.

"In 2024, our approach to spending money reflects a significant shift towards a cashless society."

"A significant 70% of individuals report card payments as their most frequent choice"

https://www.forbes.com/advisor/business/software/people-twice-likely-spend-using-card-than-cash/

[Bert 1,125]

36 minutes ago, BeachGuy23 said:

Cash only places?

HAHAHAHAHAHAHAHAHAHAHA

Oh yea, cash only places make up a bigly percentage of establishments these days...

Freaking many food trucks are swipe option only now boyo?

Do you ever leave the house?

Cash only places?

Lawn service, maid service, strip clubs, bars, parking valets, concierges, shuttle bus drivers, sky caps, bell men, hostess', hotel desk attendants, door men, hotel maids, carwash attendants, barbers, nail salons, masseuse, cart girl, club house attendant, caddies, fishing guides and hunting guides are the ones that immediately come to mind but I don't get out much.   

[TimHauck 2,503]

3 minutes ago, BeachGuy23 said:

LOLOLOLOLOLOLOL

Moron doesn't understand how to read charts.  That 67% is for the % of people that HAVE used that option dummy.  If you really think that a bigly % of folks are paying for restaurants, pizza places, convenience stores, food trucks, and everything else with cash you have your stupid head shoved up your stupid as$.

Why are most folks on this board so dumb?

Haha good catch.  It also splits credit card up by chip (35), swipe (26), & contactless (17) for a total of 78% and that’s not including Apple Pay.

A bigger takeaway is probably that 33% of people apparently haven’t used cash at all in 30 days.

[Hardcore troubadour 14,284]

Biden voted twice to tax social security.   Working class Joe.  

[BeachGuy23 642]

3 minutes ago, Bert said:

Lawn service, maid service, strip clubs, bars, parking valets, concierges, shuttle bus drivers, sky caps, bell men, hostess', hotel desk attendants, door men, hotel maids, carwash attendants, barbers, nail salons, masseuse, cart girl, club house attendant, caddies, fishing guides and hunting guides are the ones that immediately come to mind but I don't get out much.   

Holy phok you people are desperate.  The VAST majority of spending, as I have proven with links, is by credit card.

Club house attendant?  Cart girl?

HAHAHAHAHAHAHAHAHA

[seafoam1 2,579]

3 minutes ago, Hardcore troubadour said:

Biden voted twice to tax social security.   Working class Joe.  

That was a big Killary push. If she won, it would be here now. 

[Bert 1,125]

Just now, BeachGuy23 said:

Holy phok you people are desperate.  The VAST majority of spending, as I have proven with links, is by credit card.

Club house attendant?  Cart girl?

HAHAHAHAHAHAHAHAHA

Of course it is but there is still a significant number of cash transactions taking place everyday.  

[BeachGuy23 642]

3 minutes ago, TimHauck said:

Haha good catch.  It also splits credit card up by chip (35), swipe (26), & contactless (17) for a total of 78% and that’s not including Apple Pay.

A bigger takeaway is probably that 33% of people apparently haven’t used cash at all in 30 days.

Yep.  Cash is not used very bigly these days.

I'll bet that banks carry far less cash in their branches and in their ATMS s since barely anyone uses cash.  In fact:

“We’ve really seen an aggressive decline in the use cases for cash,” Sands said. He said he expects that slide to continue, projecting cash and checks will be used for just 10% of transactions by 2027.

https://www.paymentsdive.com/news/atms-dwindle-for-third-straight-year/653645/#:~:text=ATMs in the U.S. have steadily declined since 2019&text=In 2020%2C the COVID-19,have had a lasting effect.

[Bert 1,125]

2 minutes ago, BeachGuy23 said:

BFD.

They are TINY compared to card.  Which was my point the whole time.

Moron edjr thinks most people pay with cash still...

HAHAHAHAHAHAHAHA

Agreed, unlike forgiving debt, this is not a big deal.

[TimHauck 2,503]

4 minutes ago, BeachGuy23 said:

Yep.  Cash is not used very bigly these days.

I'll bet that banks carry far less cash in their branches and in their ATMS s since barely anyone uses cash.  In fact:

“We’ve really seen an aggressive decline in the use cases for cash,” Sands said. He said he expects that slide to continue, projecting cash and checks will be used for just 10% of transactions by 2027.

https://www.paymentsdive.com/news/atms-dwindle-for-third-straight-year/653645/#:~:text=ATMs in the U.S. have steadily declined since 2019&text=In 2020%2C the COVID-19,have had a lasting effect.

The deep state is trying to get rid of cash and force us to use digital currency!

[seafoam1 2,579]

Just now, TimHauck said:

The deep state is trying to get rid of cash and force us to use digital currency!

WTF?

[BeachGuy23 642]

3 minutes ago, Bert said:

Agreed, unlike forgiving debt, this is not a big deal.

Negative boyo, not taxing declared tips would have a huge impact on IRS revenue.  And why should these folks, whose tips are part of their wages, be excluded from being taxed?

Why do I have to be taxed?

[seafoam1 2,579]

Just now, BeachGuy23 said:

Negative boyo, not taxing declared tips would have a huge impact on IRS revenue.  And why should these folks, whose tips are part of their wages, be excluded from being taxed?

Why do I have to be taxed?

"boyo"