this post was submitted on 11 Aug 2024
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[–] [email protected] 4 points 1 month ago (1 children)

How about we go back to the Eisenhower tax model:

90% tax on income over 4 million a year

And the capital gains tax before the Clinton era:

I think it was something like 50% after a certain amount.

Then we raise minimum wage to what it should be if it kept up with inflation:

$28/hour

Tax the fucking rich

[–] [email protected] 2 points 1 month ago* (last edited 1 month ago) (1 children)

Don't forget what Japan does. Heavily tax inheritance (up to 55%). This also prevents diamond crusted platinum spoons being born. Source

I respect that Bill gates is donating most of his wealth and only giving his kids $10m and not Billions like the other leeches. Source

[–] [email protected] 1 points 1 month ago

Annual Wealth Tax 1% on total assets over 10M, additional 1% over 100M, additional 1% over 1B, etc etc. Raises along with inflation or something.

[–] [email protected] 3 points 1 month ago (2 children)

How about we ban tipping and force companies to pay a liveable wage. If the only way you can survive as a company is to pay slave wages then you don't deserve to exist as a company.

[–] [email protected] 2 points 1 month ago

Eliminate taxes on tips and eliminate the tipped minimum wage.

[–] [email protected] 2 points 1 month ago

Although I absolutely think we've gone overboard on tipping, I genuinely think tipping shouldn't be completely banned. Rather, ban expected tipping.

For instance, last time my wife and I were in London, we, as a clueless American couple, visited a tavern during their busiest period after work. We left a few pounds above and beyond the bill because it was clear they went above and beyond to serve us promptly and excellently despite the fact that they were literally overflowing with patrons. That's how tipping should work.

[–] [email protected] 2 points 1 month ago

How about banning tips and forcing employers to pay the people working for them instead of the customers?

[–] [email protected] 2 points 1 month ago (1 children)

Just raise the tax bracket ceilings for the lowest brackets. Takes away the tax on tips and on other workers who aren't tipped. Don't make it harder to remove this backwards and barbaric process from our culture.

[–] [email protected] 1 points 1 month ago (1 children)

The problem is that cash tips are one of the most common tax frauds. There’s not really a good way to verify, nor a good way to even track, nor is each instance of fraud big enough to spend on enforcement. Instead of just punishing the few honest people who keep detailed enough records, let’s just let it go

[–] [email protected] -1 points 1 month ago

Fuck that, either get rid of it or tax it, don't add more reason to keep the shitty practice around.

[–] [email protected] 2 points 1 month ago (2 children)

How about we raise the minimum wage instead?

Tipping is culturally enforced abdication of responsibilities toward workers.

[–] [email protected] 3 points 1 month ago

Actually one of the policies she's running on...

[–] [email protected] 2 points 1 month ago

Harris is talking about both^[1] (minute 22:00 - 22:30 if the timestamp didn't work).

[–] [email protected] 1 points 1 month ago (2 children)

So a bartender making $5/hr wage plus $15 an hour in tips will be week be taxed on 1/4 of their income, while a factory worker making $15/hr will have all of their income taxed?

Sounds inequitable.

[–] [email protected] 1 points 1 month ago (1 children)

Those people already aren't paying taxes on tips. When I waitressed, I reported all of my tips and ended up owing so much at tax season. When I complained, everyone asked me why I was reporting my tips.

[–] [email protected] 1 points 1 month ago

Nowadays, a lot of taxes are being paid on tips because they happen on the payment terminals.

If you get audited on those and didn't pay them it's a slam dunk win for the IRS.

So a change like this could be somewhat substantial now.

[–] [email protected] 1 points 1 month ago

Agreed. We should pay a livable minimum wage so that tipping becomes irrelevant.

[–] [email protected] 0 points 1 month ago (1 children)

Since increasing the minimum wage ever again is permanently dead and everyone knows it, she can't lie and say she'll raise it. Democrats have no credibility on wage increases anymore.

Now I wonder which senator is going to rotate in to gleefully block this as cover for the rest of them.

[–] [email protected] -1 points 1 month ago* (last edited 1 month ago)

Every year Ted Kennedy brought minimum wage increase to the Senate floor. It was always a fight he relished. Most times he would lose, but sometimes he'd win. At which point, the next year he brought it back to the floor again. But, Teddy is dead.

Biden, for his part, increased the minimum wage of government workers by executive order. A rising tide and all that. It worked somewhat.

Some states have minimum wage laws higher than the Feds, but they are being attacked by republican legislators.

Harris is using it as a keystone to her policy position. If she has the Congress,I'm sure she'll do it.

[–] [email protected] -1 points 1 month ago

The Nevada Independent - News Source Context (Click to view Full Report)Information for The Nevada Independent:

MBFC: Least Biased - Credibility: High - Factual Reporting: High - United States of America
Wikipedia about this source

Search topics on Ground.Newshttps://thenevadaindependent.com/article/harris-pledges-to-end-tax-on-tips-echoing-trump-in-massive-las-vegas-rally
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