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Should tips be taxed?


The Gentleman from Texas doesn't think so.

H.R. 1139: Tax Free Tips Act of 2011

Entry #564


Coin TossComment by Coin Toss - June 8, 2011, 6:05 pm
One time this came up in Nevada and a female 21 dealer had a pretty good poit. This was back in the days when the casinos "dealt silver" (silver dollars instead of chips and tokens).
She said "Look a player tips me thjis dollar. Eight hours later I get of work, go to the bar, and tip the bartender this dollar. eight hours later he gets off work, plays a hand of Blackjack, and tips the dealer this dollar. The dollar has never left the joint and now you want three people to pay tax on it. Times how many dollars, times how many dealers, etc...?"
Comment by GASMETERGUY - June 8, 2011, 9:13 pm
The waitress at my Waffle House is paid $2.26 an hour by the company. Her tickets are totaled each week and 15% of that total is applied to her tax liability. Then that total is removed and she is paid whatever remains. There are very few weeks when her tips equal or exceed 15% of her tickets.

Either put these workers on minimum wage or exempt their tips from taxes. I vote for putting them on minimum wage.
time*treatComment by time*treat - June 8, 2011, 11:23 pm
Thanks guys.
We tax the productive while paying others to breed; and then wonder why things are headed the way they are ... and why we're in this hand basket.
TigerAngelComment by TigerAngel - June 9, 2011, 2:18 am
I say no, tips should not have to be reported. And that's the way it used to be when I was a wait person. Also bad is pooling all the tips and dividing them equally amongst the help. That is dumb because tips are based on good service and the lousy service people are getting equal tips.
Thanx for posting time*treat!

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