No taxes on tips?
Damn, I almost would have caucused for Ron Paul just based on this...
I never really minded paying my fair share, but I wouldn't mind my check actually coming to me with money on it instead of this.
Guess we'll see if this goes anywhere. I know some people have commented on here and other sites such as bitter waitress that we servers are somehow flush with riches due to us not declaring our tips.
Let me put it this way, most restaurants automatically claim charge and debit card tips as taxable. True, we might not always claim all of our cash tips, but saving a hundred bucks or so a year in gyping the government is hardly putting me or any other restaurant worker ahead of the next average worker.
Really we get the screws put to us because our substantially small wage rarely covers the taxes we do claim, giving us no idea where we sit at April 15th.
Some years I have received hundreds back, most others I've owed, the $1200 bill I received by the state was a nice surprise for this full time student.
It was also nice to be denied a Pell Grant because I made to much, I guess if I wouldn't have squandered all my tax free earnings on food, rent and heat my tuition would have been easier to pay this last year.
In related news our pay went up to a whopping $4.30 an hour, causing mass panic amongst restaurants used to exploiting cheap labor. There were all kinds of editorials about how prices would soar, wall would crumble and the doors would close.
Small businesses wouldn't be effected by the minimum wage and frankly all those restaurants owned by large chains can afford fifty more cents as a slight penance for their sins against both the working man as well as the palete of Americans in general.
Passing through Minneapolis this summer I couldn't help but notince restaurants about ever block or so, and yet their servers get paid in excess of the federal minimum wage.
A friend of mine lives in Oregon and they pay even more than that, yet somehow the restaurant business isn't on their knees.
I'd love to see the day comes when tips are really treated like management claims, as a gift, and the day when we get an actual paycheck instead of a bill.
But I'd believe it when I see it.