Quote:
Originally Posted by Pballer
If no tax on tips passes, I for one will be reducing my tipping percentage. Is earning tips income really so noble as opposed to earning other types of income that people earning up to $160,000/year should be entitled to up to $25,000/year in tax free tips income?
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I couldn’t agree more. They want to appear like they are handing out a gift, but reality is, not many pay taxes on the tips they receive. The impact is nominal. SS recipients get thrown under the bus yet again.