"Many service-sector employers are young people trying to make money to pay for their education, or single parents struggling to provide for their children. Oftentimes, these workers work two jobs in hopes of making a better life for themselves and their families. The Tax Free Tips Act gives these hard-working Americans an immediate pay raise. People may use this pay raise to devote more resources to their children's, or their own, education, or to save for a home, retirement, or to start their own businesses.
"Helping Americans improve themselves by reducing their taxes will make our country stronger. I, therefore, hope all my colleagues will join me in cosponsoring the Tax Free Tips Act."
We all know friends and family in the service sector, and Americans jealously protect the tradition of tipping a server ONLY what they deserve (sometimes less!). Not taxing the income is the least this country can do, especially since this law would also decriminalize those who don't report tips.
A pox and a curse on any politician who tries to fight this bill.
1 comment:
Uh...that was a direct quote from Ron Paul introducing the Tax Free Tip act, so give the credit where it is due and not to a blog quoting.
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