Forums59
Topics1,057,312
Posts14,282,525
Members144,606
|
Most Online39,925 Dec 30th, 2023
|
|
Re: Tax free tips.
[Re: Fishspanker]
#15316073
01/28/25 04:18 AM
|
Joined: Jan 2008
Posts: 2,781
JRGOCARDS
Extreme Angler
|
Extreme Angler
Joined: Jan 2008
Posts: 2,781 |
Tax them. They are income. Those not making much pay very little they don’t get back in their tax return. Many get returns large than the amount they pay in through things like earned income credit.
Do not tax me. That’s a heck of an idea.
Tip shaming had gotten crazy. Some restaurants have the selections at 18%, 20% and 22%. It’s also on counter service at the same percents. Tips have a built in hedge against inflation. As checks continue to go up so do the tip amounts.
+1!!
|
|
Re: Tax free tips.
[Re: TPACK]
#15316136
01/28/25 12:43 PM
|
Joined: Jan 2012
Posts: 12,667
Coach Hark
TFF Guru
|
TFF Guru
Joined: Jan 2012
Posts: 12,667 |
Tax them, tips are paying their salary so the employer can make more money. Unless it’s changed waiters are paid little to nothing.
|
|
Re: Tax free tips.
[Re: DanXB-21]
#15316139
01/28/25 12:46 PM
|
Joined: May 2007
Posts: 45,028
WAWI
TFF Guru
|
TFF Guru
Joined: May 2007
Posts: 45,028 |
Oh, and maybe it will get people back into the service industry... It seems most restaurants are dying for servers, and waiters... Hell most restaurants around here are closed 2-3 days a week because of the lack of qualified employees.. Dan Young people don't want to work in food service anymore. Tipped employees at most decent places make 30 to 50 an hour and you can't get those positions filled. It's been a trend for a while. I don't know if it's a social media thing, they just aren't interested in it. It's affecting the management pool also as we always recruited the good ones who seemed to have no interest in college, dropped out etc. With the direction things are going I expect the entire industry to be fundamentally changed in 10 years. Problems in the industry are through the roof at this point and operators are just doing their best to conceal it.
|
|
Re: Tax free tips.
[Re: bassguitarman]
#15316140
01/28/25 12:47 PM
|
Joined: Mar 2010
Posts: 28,916
T Bird
TFF Guru
|
TFF Guru
Joined: Mar 2010
Posts: 28,916 |
I'll have to figure a way to report all my income as tips  That's what I'm talking about!  My earned interest & dividends could be defined as tips for being a good customer.
Last edited by T Bird; 01/28/25 12:50 PM.
Okie by birth, Texan by choice. ![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2021/01/full-47849-80883-111.jpg) USAF "Thunderbirds" Alumni 1985-1989
|
|
Re: Tax free tips.
[Re: TPACK]
#15316151
01/28/25 12:59 PM
|
Joined: May 2007
Posts: 45,028
WAWI
TFF Guru
|
TFF Guru
Joined: May 2007
Posts: 45,028 |
Tips happen all over the place that go unreported now. Unless you guys are just cheap, which is entirely possible you should be tipping lots more folks than you do. Landscape guys get tipped all the time in cash, when the kid at the feed store loads the back of the truck for you tip him, I tipped the kind of half witted guy that fixed a tire for me a few weeks ago when I was hunting, the driver of courtesy van at hotels, the people that help you with luggage at airports and hotels I got tips taking out groceries as a kid and refuse to let them take out my groceries at brookshires because they don't allow tipping. When someone does something extra for you throw them a couple bucks, a 5 spot, etc. This kind of tip goes unreported. It's really no different at a restaurant other than it's a mass collection point for tips.
|
|
Re: Tax free tips.
[Re: Fishspanker]
#15316155
01/28/25 01:04 PM
|
Joined: Nov 2002
Posts: 57,761
RayBob
Super Freak
|
Super Freak
Joined: Nov 2002
Posts: 57,761 |
I have no problem with no tax on tips. I’m waiting on Trump enacting no tax on Social Security benefits. That will help so many more folks. He reiterated again today he’s planning on getting it done. This I support. ![[Linked Image]](https://media1.tenor.com/m/9y44hN6wwzMAAAAd/clapping-standing-ovation.gif)
Advice? Wise men don't need it. Fools won't heed it !
|
|
Re: Tax free tips.
[Re: bassguitarman]
#15316840
01/28/25 10:22 PM
|
Joined: Nov 2002
Posts: 498
BOZZ
Angler
|
Angler
Joined: Nov 2002
Posts: 498 |
I'll have to figure a way to report all my income as tips  Yep ... Everybody will be trying to work that angle. Good Luck, Bozz
|
|
Re: Tax free tips.
[Re: TPACK]
#15316854
01/28/25 10:56 PM
|
Joined: Jul 2007
Posts: 52,066
Trickster
Super Freak
|
Super Freak
Joined: Jul 2007
Posts: 52,066 |
If the tax-free tips ever happens, it will be limited to a certain amount, or you will need to meet certain criteria that will not be beneficial to take advantage of to make a huge difference for most people.
|
|
Re: Tax free tips.
[Re: WAWI]
#15317299
01/29/25 02:18 PM
|
Joined: Apr 2014
Posts: 8,919
Jpurdue
TFF Celebrity
|
TFF Celebrity
Joined: Apr 2014
Posts: 8,919 |
Tips happen all over the place that go unreported now. Unless you guys are just cheap, which is entirely possible you should be tipping lots more folks than you do. Landscape guys get tipped all the time in cash, when the kid at the feed store loads the back of the truck for you tip him, I tipped the kind of half witted guy that fixed a tire for me a few weeks ago when I was hunting, the driver of courtesy van at hotels, the people that help you with luggage at airports and hotels I got tips taking out groceries as a kid and refuse to let them take out my groceries at brookshires because they don't allow tipping. When someone does something extra for you throw them a couple bucks, a 5 spot, etc. This kind of tip goes unreported. It's really no different at a restaurant other than it's a mass collection point for tips. Guess I'm cheap. I tip servers, uber drivers, and hairdressers. That's about it. If a man needs help with his luggage he packed too much. Tipping culture has gotten ridiculous. I don't feel compelled to pay people extra for doing their job.
"Bragging may not bring happiness, but no man having caught a large fish goes home through an alley." -A.L. www.LunkerLore.com
|
|
Moderated by banker-always fishing, chickenman, Derek 🐝, Duck_Hunter, Fish Killer, J-2, Jacob, Jons3825, JustWingem, Nocona Brian, Toon-Troller, Uncle Zeek, Weekender1
|