Harris pledges to work to end taxes on tips for service industry employees, echoing Trump vow

Tips are bullshit and workers should be required to paid a living wage.

I'd rather not further cement tips as a fundamental part of our economic system. It's gotten so stupid to the point where you get asked for a tip before any service has even occurred and then the "service" is often just counter service which used to not be tipped. By not taxing this income, you're encouraging more income to be paid through tips to avoid taxes. When you're making all these little exemptions and special cases, maybe it's time to rethink the fundamental system so that it works better as a base case rather than having all these poorly-applied bandaids.

How about you do something so people aren't reliant on tips in the first place?

Maybe we should talk about the history behind taxing tips...and Social Security checks. Hint: it was Ronald Reagan and he raised them to pay for cutting taxes for the wealthy and corporations

https://www.upi.com/Archives/1983/02/05/New-Internal-Revenue-Service-rules-for-reporting-tips-have/9750413269200/?utm_source=fark&utm_medium=website&utm_content=link&ICID=ref_fark

This is utter nonsense. Outlaw tips and make them subject to normal minimum wage.

Why not abolish the tip system and require easier gets real pay instead?

Looks like many haven't read the article before commenting. While both candidates have a proposal about the same topic, the methodology of implementing this seems to differ greatly.

The reaction in the comments appears to reflect more of the potential outcome of the Trump plan, though the Trump plan seems to mainly be some cobbled together bits of some other Republican proposals.

From the article, the Harris plan goes along with a minimum wage increase and an income cap so higher wage workers can't collect tax free "tips" in lieu of taxable income.

I also looked up some implications of elimination of taxed tips and found this article that goes into some numbers and shows how raising the standard deduction to make more workers, not just tipped workers, exempt from income tax and benefit many more people. I thought that was interesting and provided more seemingly useful info than either candidates' campaign promises.

This doesn’t sound like a good idea at all. If a person relies on tips for a livable wage, it should be taxed. If you work for tips, it’s taxable income.

This sounds like a reason for companies to rely even more on tipping to compensate their workers... How about instead we make the companies pay the taxes on worker income earned through tipping? Then we can finally do away this ludicrous system we're all pressured to abide by.

Wait... Why wouldn't tipped employees pay taxes on that part of their income? Or am I not understanding what they mean?

I worked for tip for over a decade and to me it's perfectly normal that I would pay taxes on my earnings, especially when I had colleagues that didn't work for tip with about the same total income and taxes would be taken from their paycheque automatically, why would I not pay taxes on half my income if they had to?

Good. Taxing tips is bullshit. Even 45 can be accidentally right once in a while. Do Tax on Wall Street Speculation instead.

If this was a "Trump idea", why didn't he do it while president?

That's nice. But she needs to get on with raising the minimum wage to a living wage and pegging it to inflation/COL.

Anything except exactly that is a waste of time and resources. A PR stunt.

Big difference is she is likely serious. Im not sure how I feel. These are not the highest paid things but I hate encouraging tips over regular reliable pay.

That doesn’t make any sense, it’s part of income

I think we might start to see CEOs working for tips.

I would rather outlaw asking for a tip. And force all restaurants to pay a fair wage and price that into the food price.

This is dumb but politically necessary. Big issue in Nevada, good signifier of who is "on the side of the working person."

But specifically making tips non-taxable encourages more employment to be tip-based.

Makes more sense to cut taxes for these same people by expanding the tax bracket that goes untaxed (currently first $11k).

The increase of the minimum wage seems more interesting.

Good luck getting a car/home loan when your salary looks like minimum wage (as a former coworker who didn't claim her tips found out). The whole tipping thing is idiotic. Pay a loving wage to workers.

Edit: also a living wage. I can't type on mobile apparently

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Why don't they just fix the minimum wage problems and stop allowing tipped jobs to have a lower minimum wage. Also stop letting million plus "charity" organizations employ disabled workers at $0.25. ( Goodwill is a scam)

This is dumb. Stop incentivizing a tipping economy. Fuck tipping.

" . . . echoing trump vow"

FY AP.

"She stole my idea!"

"Even a broken clock is right twice a day, we're still waiting for your second time..."

yeah I swear turning it off actually activates the really bullshit flrced typo mode too