They could not give tax breaks if they wanted due to everything they are giving away and all the people they are letting in. They have no choice but to raise taxes to support it, what I find hard to believe is that so many people do not understand that
Re cash- they "assume" a certain average percentage of your total sales-- yup! If you sell $1000 of product, the IRS determines that you were tipped on those sales-- the % differs, where i am they assume 10-12% ...
So i am taxed on $100-120 whether I receive those tips or not. It is bullshit- the $ given to ANYBODY as a tip HAS ALREADY BEEN TAXED! tip=GIFT
Yes. I never put tips on my credit card. I carry enough cash to leave it on the table for them. I didn't know they will calculate a tip percentage based on reported sales.
I work at a very large resort- the actually had IRS agents sit at the various bars and count all the tips coming in- I do not lie...
Legit "Agents" planted their bloated asses at bars for hours counting cash tips as they crossed,and examining credit card tips post shift.
Bring that up in her debate with DJT.
They could not give tax breaks if they wanted due to everything they are giving away and all the people they are letting in. They have no choice but to raise taxes to support it, what I find hard to believe is that so many people do not understand that
She was against it before she was for it.
The deciding vote, even!
How will they track cash tips?
Re cash- they "assume" a certain average percentage of your total sales-- yup! If you sell $1000 of product, the IRS determines that you were tipped on those sales-- the % differs, where i am they assume 10-12% ... So i am taxed on $100-120 whether I receive those tips or not. It is bullshit- the $ given to ANYBODY as a tip HAS ALREADY BEEN TAXED! tip=GIFT
Tip=gift sounds like something the courts should look at.
Many put it on the bill, so it's recorded.
Yes. I never put tips on my credit card. I carry enough cash to leave it on the table for them. I didn't know they will calculate a tip percentage based on reported sales.
I work at a very large resort- the actually had IRS agents sit at the various bars and count all the tips coming in- I do not lie... Legit "Agents" planted their bloated asses at bars for hours counting cash tips as they crossed,and examining credit card tips post shift.
Many can now carry cash, charge the service and leave "TRUMP 2024, no tax on tips" on the gratuity line and leave good old fashioned cash as a tip
they would not give up a dime in the theft of the American people....