Reagan was the biggest piece of shit ever. So many awful awful things are because of his demented ass.
Not to even mention the trillions he stole from the social security fund and transferred to the general fund in order to hide the failure of “trickle down economics”.
TIL that social security earnings are taxed. Unbelievable
If you’re earning social security you are likely under the standard deduction.
It would and should be the same thing for a UBI.
I think tips shouldn’t exist. Restaurants and everywhere else needs to just pay a real wage. Tipping the person that walks the plate of food over to me, while the person that made the food and the plate don’t get tipped is asinine. All the places asking for tips now is asinine. Not paying taxes on what is over 2/3 of your income would be asinine as well. They already don’t report a bunch as it is. Plus, how will not paying taxes on tips factor in to social security?
Instead of making tips tax free, make tips not legal.
“Trickle down economics” is just a politically savvy way of saying “getting pissed on by rich people”.
In that sense, Reaganomics delivered on its promise 100%.
Love that they tax SS…
It’s honestly a coin flip as to who was worse, Nixon or Reagan.
Definitely Reagan. Nixon signed the EPA into existence and oversaw the final stages of the Apollo program to get us to the moon. He also ended the Vietnam war (after escalating it, but he did end it).
Reagan… gave a speech in front of the Berlin Wall? Said no to drugs? Didn’t turn the Earth into a radioactive hellhole? I don’t know. I honestly can’t think of anything I can give him any credit for as president.
Regan by a long shot.
If the point is to help the poor, reduce their tax rate rather than encouraging tip culture by giving tips favorable treatment. I don’t see why tips shouldn’t be taxed just like any other income. Unless of course the business requested them via a tip screen, in which case they should be taxed 4x as much.
The combination of Reagan and Thatcher destroyed many lives.
Yep. That’s when it all turned to shit. They ended that brief period after WWII when there was actually a middle class and started the income inequality spiral we find ourselves in today.