No taxes on tips sounds good. Experts say the effects would range from hardly life-changing to potentially harmful.
  • Most tipped workers already don’t pay federal taxes.
  • Increasing the tipped minimum would do more.

Edit: really there should be no minimum lower than the hourly minimum.

  • merc
    71·
    2 months ago

    Don’t forget that workers like tips because tips allow you to cheat on your taxes. I’ve never met anybody who worked in a tipped job who reported 100% of the tips they received.

    Another issue is that everybody thinks they’re above average. Waiters / waitresses think that if there are no more tips, they (being above average) will lose out.