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”.
I saw someone driving around with an “I Miss Reagan” bumper sticker the other day, and I wanted to shake the shit out of them.
Do you have any source material for this? I was having to explain how much of an utter failure trickle down economics was and was having some difficulty filtering through all the garbage to find any quality substantiation.
“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%.
Trickle Down in a Nutshell
It used to be called “horse and sparrow”. I’ll let you figure out why.
The Reaganization of America led directly to the worst problems we’re still still struggling with today. People argue whether it’s the guns or the mental health that leads to mass shootings? Thank Reagan for both! With a bonus of homeless people, abusive for-profit prisons, underfunded schools, weak or non-existent labor unions, wealth inequality, unsafe and overpriced air travel, what else have I missed?
May he rot in peace.
Piss*
May he burn in hell in anguish. Hell’s not real, but he’d be there if it was.
It’s alright, you don’t need to remind everyone you don’t believe the funny men who touch little boys for us to get that, in this context, you don’t genuinely believe in it.
Really takes away from the sentiment when we all very much wish for hell to be a real place when it comes to Ronald Reagan
What is the penalty for pissing on a presidential grave 🤔
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.
Here’s a fun piece of trivia. Thatcher and Reagan are both still dead.
Another fun fact, Reagan had Alchemizers and Thatcher had dementia.
Theres more than one reason why Austin Powers shouted out “Margaret Thatcher on a cold day! Margaret Thatcher on a cold day!”
And watch some CEO try to claim his $1 billion bonus as a tip.
Exactly. You nailed the very reason Trump was told to propose the idea. Giving a way for the hedge fund managers, CEO’s, etc. to reduce their taxes even further.
The biggest difference between Trump and Harris’s tax free tips is that Harris wants to limit it to service and hospitality workers.
I’m still not sure this is a good idea. Workers should simply be paid a reaeonable wage and not have to rely on customers t pay more then advertized.
Kamala also wants to remove subminimum wage for that reason. But removing tax on tips does reduce the burden on tipped workers to keep records of every tip they collect.
IMO we should get rid of subminimum wage, raise the federal minimum to $15/hr, and let workers keep their tips if people still feel like tipping; it works great in Washington State.
I dont now what records they have to keep? At the end of the day, whatever they have more then they should have according to what they started with and what they served are tips. If payed with card, the records are there anyway.
Well your taxes are usually automatically deducted from your salary, but taxes on tips have to be accounted for by the worker. If you’re only paid $2.13 an hour it’s easy for tips to make up the bulk of your pay, leading to a big debt on tax day if you haven’t property accounted for how much to withhold yourself.
Reagan was the biggest piece of shit ever. So many awful awful things are because of his demented ass.
He only wanted the star wars project because it sounds like his name - ray guns.
TIL that social security earnings are taxed. Unbelievable
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.
Not American so perhaps I’m missing something, but doesn’t it make sense tips are taxed? It’s income, so why wouldn’t it be?
Tips should definitely be taxed. Otherwise you’ll end up with businesses shifting entire income of their staff to tipping which IMHO is horrible (on top of depriving the government of income)
If wait staff weren’t expected to make up their less than minimum wages with tips (which is legal), yes. But they’re totally fucked as it is right now.
Imo if the worker is payed so well thet tipping is unusual, that should be the norm. Then when I have a reason, my kid puked on the table and the waiter cleaned it up or whatever and I feel like giving them 20, that should be tax free. As long as tips are a significant part of income it should be taxed. Not taxing tips doesn’t fix the problem that workers are not payed enough.
Did tipped workers actually depend on the tips as their primary income in his time?
Maybe not as much as today but yes. Tipped wages were added to the FSLA at 50% less than a "regular"l minimum wage in 1966. They were decoupled from raises of the regular minimum wage in a 1996 amendment signed by Clinton under an Republican majority congress (Newt Gingrich was speaker of the house 226R(+1I)-207D and Bob Dole was Senate majority leader(55R-45D). This was the same Republican congress that forced government shutdowns in 1995 and 1996.
https://www.epi.org/publication/waiting-for-change-tipped-minimum-wage/ Wiki for the congress
