Post #19995 by sano on the US Policy board

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I am sure you heard he is again catering to his billionaire buddies by promising to exempt their tip income from taxation.

The credit card machine offers the following screen:
Leave a tip ? 10% 15% 20% No Tip

Is it possible that corporations, whose employees depend on tips as part of their expected overall compensation, will pay less because, gosh, the tips are now exempt? And the portion of that captured tip that goes to the manager and owner of the store?

It's just one more way for businesses and especially corporations to privatize profits while socializing expenses.

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