No Tax on Tips – Misdirection Part II

In my last article, I wrote about how Donald Trump is promising “No taxes on tips” as a means to gain votes and ultimately as an excuse to fire the new IRS auditors who were hired to investigate multi-millionaires and large corporations.

That’s just one of the reasons billionaires like Peter Thiel and Elon Musk are campaigning for Donald Trump and J.D. Vance. Peter Thiel is also in favor of tearing up the Constitution, which Donald Trump is in favor of doing. So, a Trump victory would be a double victory for him. Musk already is one of the richest people in the world, but he also stands to increase his wealth by getting government contracts. So his giving away $1,000,000 a day to people who sign his petition and support Trump is just a misdirection to hide the many billions of dollars he expects Trump to bestow upon him through Government contracts.

I said before that Donald Trump doesn’t care about tip employees.  He’s only working on a plan to make the rich richer.  I did a little more research and found that it’s even worse than I thought.  In 2017, while he was President, the Trump administration proposed a rule that would allow employers to legally take workers’ tips if those workers earned at least minimum wage.

The Economic Policy Institute (EPI) reported in 2017 that, if Trump’s proposal became law, Employers would pocket $5.8 billion in tips annually.  The rule would affect not just restaurant workers but all tipped workers (nail salon workers, casino dealers, barbers, etc.) So, under Trump, tipped workers would actually lose $5.8 billion in tips annually. That number could actually be much higher as tips are often under-reported.

Trump wants tipped employees to think he is putting money in their pockets, while, in reality, he would be picking their pockets. He disguises it to look like he cares for others. He really doesn’t.

Don’t let Donald Trump pick your pocket. Make the rich pay their fair share of taxes.

Vote Harris/Walz this November.

Peace & Love, and all of the above,

Earl

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