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Political Discussion
Reply to "Big Beautiful Bill"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote] Eliminating taxes on tips (not “executive bonuses”, as some here try to claim)[/quote] I think what people are trying to explain to you is that if you don’t carefully write the language around what a tip is and/or limit the benefit to those with an income lower than what a high earning waiter makes, executives will ABSOLUTELY get in line to use whatever verbiage ends up in the bill to redefine their bonuses so they don’t get taxed. Also, no tax on tips will f**k servers when it comes to collecting Social Security later.[/quote] DP we have a lot more servers and tipped workers than executives. Let’s not throw the baby out with the bath water. [/quote] So, as I said, limit the income for the benefit or write the language so it can’t be loopholes like the executives will want to. Executives not paying taxes on their bonuses - when they will redefine their entire compensation package as a bonus - will eliminate a whole lot more revenue - or “bathwater” - than tips for servers will.[/quote]
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