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Republicans blast Biden admin over plan to Crack Down on waiters' tips

Posted By: NightSky
Date: Friday, 10-Feb-2023 12:52:57
www.rumormill.news/217072

In Response To: After The Worst January Job Cuts ‘Since The Great Recession’, Here Are 12 Major Layoffs That Have Already Been Announced In February (NightSky)

A waitress and or waiters tip has already been taxed, when you earned the money in the first place. Now they want to double taxation on it. It is a gift (or not)to people serving you. It is also not mandatory.

They can track it all, if it is digital (cashless) but can not otherwise. Soon, garage sales will be taxed :-) Wait, it already is when you pay the city for the permit!

*****************************

By Thomas Catenacci

Republicans heavily criticized the Biden administration in response to its plan to increase scrutiny on service industry workers' tips.

Earlier this week, the Internal Revenue Service (IRS) proposed a revenue procedure to "improve tip reporting compliance," reduce administrative burdens and provide more transparency and certainty to taxpayers. As part of the program, which wouldn't go into effect until after a multi-month public comment period, the IRS could withdraw liability protection related to "rules that define tips as part of an employee's pay" from employers that don't cooperate.

On Tuesday evening, an IRS official told Fox News Digital that the proposal wasn't about the "auditing of servers." However, Mike Palicz, federal affairs manager at Americans for Tax Reform, said in an interview that the agency's "goal is to go and grab as much revenue as possible and from whoever they can."

"Washington has a spending problem, not a revenue problem," Rep. Mike Kelly, R-Pa., the chairman of the Ways and Means Subcommittee on Tax, told Fox News Digital on Wednesday. "Now, the IRS is going after middle-income families and working moms and dads who are just trying to make ends meet and put food on the table."

more
https://www.foxnews.com/politics/republicans-blast-biden-admin-plan-crack-down-waiters-tips




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