What’s Happening:
When Biden ran for president in 2020, he promised that only people making more than $400,000 a year should worry about higher taxes. Yeah, that promise lasted until he stepped foot into the Oval Office.
Over the last two years, Americans of all income brackets have seen their taxes go up. And the “Inflation Reduction Act” Joe passed last year will increase your taxes even more. Say goodbye to whatever nest egg you had. But Joe’s far from finished. The jackbooted thugs at the IRS are looking for new ways to screw over hard-working Americans.
And this idea really takes the cake.
From Fox News:
The Internal Revenue Service (IRS) proposed a revenue procedure this week to crack down on the service industry’s reporting of tips…
According to the IRS, the program would seek to “improve tip reporting compliance,” reduce administrative burdens and provide more transparency and certainty to taxpayers…
Among the program’s features, the agency lists “monitoring of employer compliance based on actual annual tip revenue and charge tip data from an employer’s point-of-sale system, and allowance for adjustments in tipping practices from year to year.”
This is the IRS version of shaking the couch cushions for spare change. Are there any workers in America more pushed around than waiters and waitresses? They work long shifts, on their feet all day, putting up with demanding customers and angry bosses.
All to earn a fraction of what the minimum wage is. The only silver lining in their thankless jobs is the occasional healthy tip from an appreciative customer. If you didn’t already know, waiters are required by law to report their tips. It’s right there on your tax return form.
But that’s not good enough for the IRS, which assumes we are all crooks and don’t deserve the money we earn. They are proposing a new system to crack down on Americans making little more than $2 an hour.
Is that really going to turn this country around–shaking down waiters? These people have to put up with enough already–and earn little in return. But Biden’s IRS ignores the billionaire and millionaire Americans who hide their money overseas (and donate to the Democratic Party) and go after servers.
Truly disgusting. The IRS claims this is only an idea and they are open to suggestions from the public. Yeah, we have a few suggestions. How about we shut down this corrupt agency and give Americans back their money?
Key Takeaways:
- Biden’s IRS is proposing a new program to shack down waiters’ tips.
- Waiters already have to report tips on their taxes; this new program will put greater pressure on them.
- Meanwhile, rich Democrats enjoy tax breaks, rarely paying their “fair share.”
Source: Fox News
