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ck4829

(36,254 posts)
Fri Jan 17, 2025, 06:02 PM 6 hrs ago

Republicans: We're going to eliminate taxes from tips! Cool, right? But, we're going to make scholarships taxable income

We're also going to going to eliminate head of household filing status, the American opportunity credit and lifetime learning credits for getting higher education, getting rid of a deduction for donating to patient advocacy groups, eliminating the deduction for childcare, it miiiight become more expensive for parking when we take away your employer's deduction for providing transit and parking passes, and we're also getting rid of the deduction for paying interest on your student loans. Enjoy!

https://punchbowl.news/reconciliation_wm/

9 replies = new reply since forum marked as read
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Republicans: We're going to eliminate taxes from tips! Cool, right? But, we're going to make scholarships taxable income (Original Post) ck4829 6 hrs ago OP
I'm sure the cooks and the dishwashers are going to be real happy. dem4decades 6 hrs ago #1
And tips will still be taxable................. Lovie777 5 hrs ago #2
Isn't it possible that people will tip less? OrlandoDem2 5 hrs ago #3
I've heard that this is already happening, w/ the economy getting a little rougher, people are tipping less. A shame, SWBTATTReg 5 hrs ago #6
And yet I guarantee you that somewhere this very moment Blue_Tires 5 hrs ago #4
Supreme Court ruled that money given after an act is a "tip" not a bribe NYC Liberal 5 hrs ago #5
I read an article that said bonuses paid to CEOs and Wall Street financiers are considered tips in2herbs 5 hrs ago #7
Bribes to Politicians, too. Kid Berwyn 5 hrs ago #9
Now THAT's NAZI! Kid Berwyn 5 hrs ago #8

dem4decades

(12,081 posts)
1. I'm sure the cooks and the dishwashers are going to be real happy.
Fri Jan 17, 2025, 06:07 PM
6 hrs ago

The servers around here make huge tips, and the rest of the staff makes crap, yet the ones not making any real cash get taxed?

OrlandoDem2

(2,364 posts)
3. Isn't it possible that people will tip less?
Fri Jan 17, 2025, 06:22 PM
5 hrs ago

I typically tip higher because of taxes. I don’t want the tip decimated. If they’re not taxed I guess I can stop tipping so much?

SWBTATTReg

(24,529 posts)
6. I've heard that this is already happening, w/ the economy getting a little rougher, people are tipping less. A shame,
Fri Jan 17, 2025, 06:38 PM
5 hrs ago

since a lot of these people really depend on their tips.

Blue_Tires

(57,396 posts)
4. And yet I guarantee you that somewhere this very moment
Fri Jan 17, 2025, 06:29 PM
5 hrs ago

There's a smartassed pundit typing out another lazy hot take about how Dems have "lost touch" with the working class 😒

I don't get it -- Do working class white folks really hate social safety nets that much? 🤔

NYC Liberal

(20,361 posts)
5. Supreme Court ruled that money given after an act is a "tip" not a bribe
Fri Jan 17, 2025, 06:32 PM
5 hrs ago

The only reason they’re pushing “no taxes on tips” is so the rich can bribe politicians. Not only will the bribe be legal, it won’t even be taxed either.

in2herbs

(3,273 posts)
7. I read an article that said bonuses paid to CEOs and Wall Street financiers are considered tips
Fri Jan 17, 2025, 07:06 PM
5 hrs ago

so the hundreds of thousands of dollars they will receive will not be taxes.

Can't find the article but will post if I do.

Kid Berwyn

(18,648 posts)
9. Bribes to Politicians, too.
Fri Jan 17, 2025, 07:10 PM
5 hrs ago

Clarence “Free Ride” Thomas and Sammy “the Bull” Alito saw to it personally.

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