That’s what I’m a bit worried about - that not taxing tips will be alienating to the people who have to pay taxes on all of their income, including those who earn less total than the people who will not be legally required to pay taxes on tips. Hopefully, since both candidates are in favor if it , it won’t make much difference to the election.
Republican pollster, Tim Miller, on the Bulwark explained that Harris’ gains have for most part not come at Trumps loss. Trump has been holding steady at 44% approval both before and after Biden dropped out. The biggest thing he argues that has changed is among the ‘double hater’ voters; ones who disliked both Trump and Biden. Polling from the last three weeks is showing that Harris has been hoovering up almost all of the folks in swing states and elsewhere that had serious doubts about both Biden and Trump as candidates, and this more than any other single factor has put her on top and is very unlikely to change over the next 90-some days.
Sounds positively Biden-esque! Biden, of course, as a senator (and to some extent VP, and occasionally as prez) was well known for a similar skill set.
What I would be worried about, if I were an employee whose income came largely from tips, is customers starting to tip less since they know that tip money will not be taxed.
You might have people normally tipping 18% who scale it down to 15%, since they figure the recipient will come out ahead on the bargain.
And, given the innumeracy of the average American, might not realize that puts an effective tax rate of 16 2/3% on those tips, which is probably much more than the worker would pay on them. (Unless payroll taxes are paid on tip money - does anyone know if that is the case?)
I am a bit worried about Nevada’s electoral votes being so important that both candidates are trying this pander, but at least it would have to go through Congress rather than happen by executive fiat.
They are - at least on the tips reported to the employer. That’s why some get paychecks for almost nothing - payroll taxes on their tips come to less than their direct wages.
There is also an income item called “Allocated Tips” which is filled in when the total reported tips for a pay period fall short of what the employer’s Ouija board says they should be (according to the linked article, currently 8% of gross sales). The employee is taxed on wages + reported tips + allocated tips.
It was a perennial annoyance to my ex-wife — who reported her tips accurately —when she got allocated tips because other employees underreported,
Your average person knows so little about taxes they could not fill out a simple tax return. Back in the day when they had a 1040EZ, tax preparers did a solid business in preparing them and charging some modest fee.
I already assume that much of my tip money may not be taxed. I’ve worked two tipped jobs maybe thirty years ago, and what people made in tips and what was reported was usually quite a ways from each other.
From:
I wouldn’t recommend doing it, but it was extremely common, in my couple years of experience.
Just to back this up, I’m a member of multiple Discord servers as well. And I’ve also joined servers briefly before deciding they weren’t useful to me, and I left those servers, with no consequence. I didn’t suddenly start getting spam or anything. It’s probably worth checking out if it sounds interesting, and if it’s not what you expected, then if you leave it you never have to give it another thought.
Morning Consult has {\color{blue}\mathbf{Harris +3}} in their latest poll.
Not sure what Big Village is, but also ahead 3 to 4 percent.
No fresh Georgia or Nevada Polls I can find.
North Carolina is even in the The Carolina Forward for August 12th. Helping Harris is {\color{blue}\mathbf{Josh Stein}} has pulled way ahead of Mark Robinson for Governor.
Arizona seems to be leaning {\color{blue}\mathbf{Harris,}} most recent poll on the 8th though.
Pennsylvania has the 2 most recent polls with {\color{blue}\mathbf{Harris}} ahead 4% and 2%. The Trafalgar one has Trump up by 2% but was 5 days ago.
All recent polls of Michigan have {\color{blue}\mathbf{Harris}} ahead by up to 6%.
Wisconsin is strongly blue now. {\color{blue}\mathbf{Harris}} is up by 9% instead of 1-3%.
Only recent poll of Florida has Trump up by 5% which is at least lower than it was.
Ohio is still overwhelmingly for Trump. Around 10%. No real change.
I think that covers all the states thought to be in play. Right now things are looking good and North Carolina would be a nice pickup. With Biden running it was pretty solid for Trump. Moving it to even is a great sign.
Could be, not a lot of polling though to determine that. Going back to the 3rd the Redfield & Wilton Strategies had it tied, then RMG research was +3 on the 5th. Post Walz announcement did see a nice jump. But 4 different polls, so can’t be sure.
Actually looking at 4 polls over the last 2 weeks, the margin kept growing and quickly, with the bigger jump after adding Walz.
I hate the pander because it’s a terrible idea. Which for Trump is business as usual and for Harris sounds like one of her terrible ideas from 2019 where the proposal made no sense, like some student loan forgiveness for people that “have to be 1) a Pell Grant Recipient who 2) starts a business in a disadvantaged community and 3) manages to keep that business afloat for at least three years.” Presidential candidate Kamala Harris has a student debt forgiveness plan...but it's complicated