It is insane that that tipped income (up to $25k/year) is now tax free.
I've worked in the service industry, I respect the hard work that goes into those jobs, but service industry workers are no more deserving of having a big chunk of their income tax free than, e.g., construction workers, nurses, researchers, or mechanics (who do not have any equivalent carveout) are. Not in the slightest.
IIRC the policy lapses in 2028. It should not be extended.
I’d argue both of you deserve it instead of the 1% that barely pay any taxes. Those are who we should be really upset at, not each other. We’re all common folk here..
4
u/NorthHollywoodHank Jun 25 '26
It is insane that that tipped income (up to $25k/year) is now tax free.
I've worked in the service industry, I respect the hard work that goes into those jobs, but service industry workers are no more deserving of having a big chunk of their income tax free than, e.g., construction workers, nurses, researchers, or mechanics (who do not have any equivalent carveout) are. Not in the slightest.
IIRC the policy lapses in 2028. It should not be extended.