Or do both. Can't really think of a good reason why tips should be taxed. They're a major source of income for some of the lowest income workers. Which makes me incredibly doubtful we'd ever see such a measure passed by Republicans as it doesn't benefit billionaires in any way.
In a perfect world we wouldn't have tips as a significant source of income for anybody, but until we achieve that this actually sounds like a decent idea. Would be fucking hilarious if Kamala said "You know, that's not a bad idea, I'll pledge to do the same", really take the last bit of wind out of Trump's sails.
Can't really think of a good reason why tips should be taxed.
If you can't think of how not taxing tips could be abused by people to get out of paying taxes, you don't have a good imagination.
Raising the lowest tax bracket has the effect of removing the tax on the poorest while also not opening up a loophole that would be abused to avoid taxes.
In a perfect world we wouldn't have tips as a significant source of income for anybody, but until we achieve that this actually sounds like a decent idea.
Except it would further cement tipping into the culture by giving tipped earners additional incentives to keep tips around. Raising the bracket doesn't do that, and would help more people that need help than just tipped earners
It won't actually make much difference... some huge percentage of tips never get reported and taxed in any case. It also treats the symptom instead of the problem. I have no problem with incremental improvements, but this really doesn't improve anything. You'll also find rich people now 'tipping' huge sums, so it will be a net negative.
Beyond that. It's just mental that we treat tipped jobs like that in the first place. No other jobs are expected to be paid at starvation wages and only be able to make in with me through the kindness of strangers. Generally the people in that situation are homeless or unemployed. Not working full time.
A tip for a gratuity is supposed to be for treatment above and beyond the standard. If you're a restaurant relying on people to pay 10% extra than the cost of a meal or more to their server in order to actually pay for them. You just need to charge that much more for the cost of a meal and pay the employee. I would gladly pay 10% more if I knew that it meant the employee would have security. And that I would not worry or question whether or not the tip I left was enough.
Weird how Republicans celebrate when a Republican does something progressive. It's almost as if Americans like progressive policies. The right has just convinced a large portion of Americans that it's Socialism or a "hand-out". Usually the right is talking about flat taxes for the rich and the working class alike OR switching to sales tax only that way the poor are taxed on every penny they spend (which is most of it) and the rich who stockpile their wealth get taxed on almost none of it. This is only notable because he's on the right.
As usual, the right is judged on their best and the left is judged on their worst.
If you like this and want progressive taxes that work for the working class instead of against them, vote blue. Or better yet, vote progressive.
I paid less taxes under Trump and made more money. Biden and Kamala are letting the tax cuts Trump put in place for the middle class expire. So, I'm voting to keep more of my money and it's not blue. And you misunderstand Republicans. Letting people keep more of their hard earned money is a lot different than just giving out money to people who don't contribute such as illegal immigrants coming across the border or drug addicts in San Francisco in which they're talking about paying them $100 each a week if they pass a drug test each week. That's what free handouts are.
You can clearly afford to run a business and pay your employees a living wage, rather than subjecting them to the fickle whims of the customers. Go look at most of Europe.
I would agree with this except that I don't have faith that it won't be leveraged as a way to get out of a whole crapload of taxes. I'm pretty sure that unemployment insurance, and a lot of the federal taxes, are based on wages and not tips. Also what is the limit? Can I pay my friend $50 to mow my lawn and tip him an extra $25,000, just so I can get around the limit for a gift tax? I wouldn't trust a Republican administration to implement this without making it easier for Rick people to avoid paying taxes.
Maybe we should talk about the history behind taxing tips...and Social Security checks. Hint: it was Ronald Reagan and he raised them to pay for cutting taxes for the wealthy and corporations