General Discussion

ck4829

(36,877 posts) Fri Jan 17, 2025, 07:02 PM Jan 17

Republicans: We're going to eliminate taxes from tips! Cool, right? But, we're going to make scholarships taxable income

We're also going to going to eliminate head of household filing status, the American opportunity credit and lifetime learning credits for getting higher education, getting rid of a deduction for donating to patient advocacy groups, eliminating the deduction for childcare, it miiiight become more expensive for parking when we take away your employer's deduction for providing transit and parking passes, and we're also getting rid of the deduction for paying interest on your student loans. Enjoy!

https://punchbowl.news/reconciliation_wm/

9 replies

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Republicans: We're going to eliminate taxes from tips! Cool, right? But, we're going to make scholarships taxable income (Original Post) ck4829 Jan 17 OP

I'm sure the cooks and the dishwashers are going to be real happy. dem4decades Jan 17 #1

And tips will still be taxable................. Lovie777 Jan 17 #2

Isn't it possible that people will tip less? OrlandoDem2 Jan 17 #3

I've heard that this is already happening, w/ the economy getting a little rougher, people are tipping less. A shame, SWBTATTReg Jan 17 #6

And yet I guarantee you that somewhere this very moment Blue_Tires Jan 17 #4

Supreme Court ruled that money given after an act is a "tip" not a bribe NYC Liberal Jan 17 #5

I read an article that said bonuses paid to CEOs and Wall Street financiers are considered tips in2herbs Jan 17 #7

Bribes to Politicians, too. Kid Berwyn Jan 17 #9

Now THAT's NAZI! Kid Berwyn Jan 17 #8

dem4decades

(12,547 posts)

1. I'm sure the cooks and the dishwashers are going to be real happy.

Reply to ck4829 (Original post)

Fri Jan 17, 2025, 07:07 PM

Jan 17

The servers around here make huge tips, and the rest of the staff makes crap, yet the ones not making any real cash get taxed?

Lovie777

(17,662 posts)

2. And tips will still be taxable.................

Reply to ck4829 (Original post)

Fri Jan 17, 2025, 07:15 PM

Jan 17

OrlandoDem2

(2,666 posts)

3. Isn't it possible that people will tip less?

Reply to ck4829 (Original post)

Fri Jan 17, 2025, 07:22 PM

Jan 17

I typically tip higher because of taxes. I don’t want the tip decimated. If they’re not taxed I guess I can stop tipping so much?

SWBTATTReg

(25,068 posts)

6. I've heard that this is already happening, w/ the economy getting a little rougher, people are tipping less. A shame,

Reply to OrlandoDem2 (Reply #3)

Fri Jan 17, 2025, 07:38 PM

Jan 17

since a lot of these people really depend on their tips.

Blue_Tires

(57,596 posts)

4. And yet I guarantee you that somewhere this very moment

Reply to ck4829 (Original post)

Fri Jan 17, 2025, 07:29 PM

Jan 17

There's a smartassed pundit typing out another lazy hot take about how Dems have "lost touch" with the working class 😒

I don't get it -- Do working class white folks really hate social safety nets that much? 🤔

NYC Liberal

(20,400 posts)

5. Supreme Court ruled that money given after an act is a "tip" not a bribe

Reply to ck4829 (Original post)

Fri Jan 17, 2025, 07:32 PM

Jan 17

The only reason they’re pushing “no taxes on tips” is so the rich can bribe politicians. Not only will the bribe be legal, it won’t even be taxed either.