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No tax on tips is the kind of policy you’d come up with if you were creating a caricature of the far left. And yet, in today’s America that’s the major economi
by hshdhdhj4444 1y ago
No tax on tips is the kind of policy you’d come up with if you were creating a caricature of the far left.
And yet, in today’s America that’s the major economic policy of the leader of the Republican Party.
- hypeatei 1y agoWell, it's a very populist move and the extremes of either party will go down that road to get votes. Far right parties are generally for social programs as long as the wrong people don't get them.
- dlcarrier 1y agoIt has broad bipartisan support and was one of very few policy changes promised by the Harris Walz campaign. Conservatives like it, because it is effectively a de minimus exemption on taxes, simplifying the tax collection process, and liberals like it because it results in more progressive taxes, with tip earners overrepresented amongst low-income earners.
- standardUser 1y agoIt does nothing to simplify the tax code, and it opens up a universe of loopholes. The concept may have some merit, but the implementation is sloppy and lazy.
- ryandrake 1y agoI think ultimately very few people really care about simplifying the tax code. The cost of a complex tax code is the $19.95-$200 cost of preparing your taxes, which everyone would gladly eat if it meant they could take advantage of tax deductions on pages 1,455, 19,210 and 245,908 of the tax code totaling > the cost of tax prep.
- dlcarrier 1y agoSimplifies tax collection process ≠ Simplifies tax code A few lines of tax code means millions of people don't have to worry about unpredictable withholdings due to significant changes in tips from day to day, month to month, and year to year. Also, what's sloppy about it? It's just a deduction for up to a maximum amount from tips, for a specified list of occupations, with the maximum decreasing as income increases above a specified level. That's pretty simple, as far as tax code goes. What do you think would be a less sloppy way of implementing it?
- ars 1y ago> of the leader of the Republican Party. You have too much partisanship on your mind. Harris (Democratic party leader) endorsed it: https://www.cnn.com/2024/08/12/politics/taxes-on-tips-eliminate-proposal-harris https://www.cnn.com/2024/08/12/politics/taxes-on-tips-elimin...
- tzs 1y agoThat may have been a strategic endorsement, to keep it from becoming a campaign issue.
- laidoffamazon 1y agoCorrect, she stole a bad idea
- mhb 1y ago> if you were creating a caricature of the far left Yes. And a big round of applause to welcome Mr. Zohran Mamdani.
- crazygringo 1y agoMamdani has not supported no-tax-on-tips.
- mhb 1y agoAnd? He's not a caricature of the far left?
- Dylan16807 1y agoAre you reacting purely to the phrase "caricature of the far left" in a way that ignores and even goes against the rest of the post, to bring up a guy you don't like and make no other commentary? If I'm missing something help me out.
- nitwit005 1y agoTwo decades back, if you told me someone wanted to dramatically raise tariffs, and have the government take a stake in Intel, I'd have assumed this was someone who labeled themselves a Socialist. After all, the government taking ownership of industries matches common definitions of Socialism.
- quickthrowman 1y agoIn contrast, tariffs and the government taking stakes in private companies reminds me of fascist Italy under Mussolini: https://www.historyfromonestudenttoanother.com/a-level/a-level-european-history-1919-41/mussolinis-italy-1919-41/the-fascist-corporate-state https://www.historyfromonestudenttoanother.com/a-level/a-lev... > Charter of Labour, 1927 > He recognised private enterprises as the most efficient, gaining him support from rich industrialists. > The charter also stated that the state could take control of, manage or encourage enterprises that were considered inefficient.
- colechristensen 1y ago[flagged]
- poncho_romero 1y agoNext you’ll tell me North Korea is a democratic republic!
- colechristensen 1y agoSocialism isn't just good or bad by default, how it is implemented is what defines its quality and morality. Socialism isn't "what I like" and "things I don't like aren't socialism", it's a much more generic term.
- Yeul 1y agoThe world is going to shit and instead of dying with dignity people seek strong leadership and celestial intervention. It is a tale as old as time.
- rayiner 1y ago[flagged]
- mhalle 1y agoPerhaps. But it also expands the idea that the customer/buyer has financial power over the server by encouraging a tipping culture. Donald Trump and his sons have repeatedly said that don't pay on contracts when they view the work is poorly done or insufficient, in response to claims of non-payment. Encouraging tipping makes such "payment discretion" easier.
- Podrod 1y agoIn what bizzaro world would a far left party want to support the weird American fixation on relying on tipping to ensure a worker makes a decent living? A actual far left policy would be a collectivised or cooperative workplaces that don't rely on tips to subsidies salaries.
- wavemode 1y agoParent commenter doesn't mean far left globally, but rather far left in America, which is actually centrist globally.