This will wake up a lot of young people: Trump promises to stop charging income tax on tips. - The Great Awakening

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This will wake up a lot of young people: Trump promises to stop charging income tax on tips. (youtu.be)

posted 167 days ago by BigJilm01 167 days ago by BigJilm01 +179 / -0

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– Etmb55 6 points 167 days ago +6 / -0

As long as it is not mandatory or contractual, a tip is a gift and current tax law allows a person to give up to $18,000 in 2024 to anyone without paying a gift tax or the recipient reporting it as income.

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– cc321 1 point 166 days ago +1 / -0

Their was a scene in Shawshank Redemption where the falsely accused (per storyline) mentions this to the warden.

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