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Also not paying taxes on tips is an incredibly stupid way to go about distributing a tax benefit. If you want to cut taxes for lower income, do that. Change the income thresholds or the marginal tax rate, don’t just change taxes on an income stream that is mostly correlated with lower incomes.
Server here. I was saying this the first time he announced it. Wtf would WE get this bonus and noone else. Makes ZERO sense until you realize... he was buying younger votes
Not to mention tipping is out of hand as it is, we shouldn’t be trying to create more tax incentives for it.
Worse than that. It lets them tie tax break extensions to a future, wildly unpopular bill. That’s how “the Big Beautiful Bill” got passed. No one was going to vote to not extend the last round of temporary tax cuts for the middle class. They would crow about the other problems in the bill, but the powers that be weren’t going to remove any of the problem elements. They would just label anyone who didn’t vote for the bill as for a tax increase...........
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