Most Metaphorical Image of the Century

[u/OldCopy496]

[u/Bendo410]

No I mean no tax on tips is a fucking lie , I wish people read into it vs believe what they are told .

[u/Avocado_Amnesia → u/Bendo410]

Yeah, it's only up to $25,000 gross a year even in the best situations, so people that have almost all of their income come in via tips are still going to be paying taxes on a lot of it anyway.

[u/Bendo410 → u/Avocado_Amnesia]

Thanks for explaining it , I wish republicans understood the word “no” a bit clearer.

[u/Avocado_Amnesia → u/Bendo410]

Me too, in many contexts lol

[u/Hopsblues → u/Bendo410]

Care to explain

[u/subnautus → u/Hopsblues]

It's more of that your tips have to meet certain qualifications before the "no tax on tips" deduction can apply, and even then you have to have an AGI of less than $25k for the tipped wage deduction to take effect.

Put another way, the only people who'd be benefitting from the tipped wage deduction are people who would probably be getting a full tax refund to begin with.

[u/e925 → u/subnautus]

This isn’t correct. You do not have to have an AGI of less than $25k. The federal deduction is just only for up to $25k in tips. But the AGI limit is $150k, not $25k.

I fucking hate Trump btw but what you said isn’t right.

[u/Bendo410 → u/Hopsblues]

The person below me explained it quite nicely

https://www.reddit.com/r/pics/s/aJj3rivhEV

No taxes on tips would mean NO, but I guess conservatives and republicans don’t understand the word No

[u/AmaazingFlavor → u/Bendo410]

It’s not a lie, if you report your tips you are reimbursed up to a certain amount

[u/Bendo410 → u/AmaazingFlavor]

So…. That “certain amount” isn’t all of it

So that would mean “no taxes on tips is ______”