3 ms·
Also a nice little tax dodge, at least back of the day when tipping was predominantly done in cash that I'm sure was never declared on the waiters taxes.
by IncreasePosts 2y ago
Also a nice little tax dodge, at least back of the day when tipping was predominantly done in cash that I'm sure was never declared on the waiters taxes.
- ThunderSizzle 2y ago[flagged]
- dhosek 2y agoThe thing with the no tax on tips thing pandered by both major condidates is that most waiters don’t make enough to be paying income tax in the first place. On the other hand, more regressive taxes on income (OASDI/Medicare/IL state income tax) would apply, but none of these would be covered.
- DowagerDave 2y agoprofessional wait staff sure make enough to pay income tax; it's a skilled trade. In Canada the tax authority would audit service industry people who don't declare other income, where tips get captured.
- vondur 2y agoThat's not generally true. My friend worked at a waiter in the 90's and was making $200-$300 a night on tips on the weekend. Definitely not reported income either.