Post

Avatar
Trump’s proposal to get rid of the income tax and replace it with tariffs would be the most regressive tax policy in US history www.americanprogressaction.org/article/comp...
Avatar
But he’s saying he won’t tax tips!
Avatar
Who actually reports their tips, anyway? (There's a statute of limitations on audits, right? Asking for a friend.)
Avatar
Probably most people, since a majority of tips are run through the POS
Avatar
Yeah. I mean the ratio is likely much different than when I tended bar in the Pleistocene era, but back then credit cards were the only thing you'd report. Cash was right into the pocket.
Avatar
This is still true but having bartended for the last decade till a year ago it has shifted to probably 85% cc tips. Even the last "dive bar" I worked at was at least 70% cc tips, with other industry people making up most of the cash tips
Avatar
Yeah. To do this day I always carry cash to tip even if I charge the bill. Old habits die hard.