I’m still unclear how this will be implemented, but even if the full tax bill of a single person (highest tax bracket group) making $25,000 was negated, it would only save them $1,298.

On one hand, that feels like a tiny sum. On the other, that is 5% of their annual income (and i know a 5% raise on my end would make a substantial difference in my own life).

Used this calculator to run the numbers

It’d be as a grain of rice to a starving family, but I hope the Democrats pick it up as part of their platform.

That’s been my tinfoil hat theory about all this too. Tipped workers are usually the lower rungs of the economic ladder. If they can “prove” they actually make a good deal more than they’ve historically claimed, then they can shed those “hungry mouths” from SNAP and other welfare programs.

This whole thing feels like a trap. I can’t say with confidence where the trap is, but it just feels like its there, ya know?

The vast majority. I was in a state that allowed paying under minimum wage if you received tips.

Gonna keep the numbers to myself to help preserve anonymity, but some back of the napkin math says it was probably 70-90% (depending on how good of a day it was) of my “wages” came from tips.

Good catch, missed that.

What’s getting me is how my overly conservative family is scorning tipped workers as a result of this (“hasn’t Big Daddy T made enough concessions to these people”). And its like “but he hasn’t. Not really.”

I juggled 2-3 part time restaurant jobs back in the 2009 - 2013 timeframe (total time per week was comparable to a full time job). Even as an only moderately successful male waiter, I was able to pull in ~$32,000 my first year and then evened out to ~$35,000 once I found my flow. That was a decade and a half ago in one of the most conservative corners of the US, and I would have still been paying taxes on my tips back then.

AOC:

“The cap on that is $25,000. While you’re jacking up taxes on people who make less than $50,00 across the United States…So if you’re at home and you’re living off tips, you do the math. Is that worth it to you?..This bill is a deal with the devil. It explodes our national debt…To give Elon Musk a tax break and billionaires the greedy taking of our nation? We can not stand for it, and we will not support it.”

(its unclear from this quote if that’s no tax on $25,000 in gross income for tipped workers; the first $25,000 in tips; or if there are no taxes on those only for those who make under $25,000 per year. None of the possible meaning is a good one, to be clear, but that’s what I was hoping to get answered).

Article isn’t actually that long and is effectively a short rant AOC gave. Still annoyed with OP for click bait title without substance in post.

FINE, I’ll go read your article and tell you want the catch is. *mumbles under breath*

Does it really matter though?

Seems like the lost revenue would just be made up through borrowing / deficit spending. Worried this is another whiff of a move. Its not like I have a better solution; and I wish the states doing this the best of luck in addressing their finding issues, but I don’t expect this to move the needle significantly.

There is a key for — on my phone. Just hold down the - key and it pops up as an option — I use it all the time.

FTFY

I agree.

The more wild version I saw of STEAM had Agriculture as the A. I also felt that was redundant since modern agriculture involves a lot of science (biology) and engineering (equipment).

Derp, that’s what happens when you have to bounce between too many pages on mobile.

Thanks for the pointer!

Metric appears to end at 10^30, but even then, I think the better way to phrase that number would be 5,000 quetta-bytes

Tera = 10^12; Septillion Sextillion = 10^21
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