This is worth a read if you’re unfamiliar with how Trump’s “no taxes on tips” proposal has been used by organized crime, corporations and the wealthy in the past to skirt massive amounts of taxes.
This is worth a read if you’re unfamiliar with how Trump’s “no taxes on tips” proposal has been used by organized crime, corporations and the wealthy in the past to skirt massive amounts of taxes.
It sounds like you’re arguing that the formula needs to be recalculated, which may or may not be true, but that’s not what I understood when I read the article.
What I understood is there was an overall amount of money problem, and this latter problem can easily be solved by changing the payment threshold. But if I totally misinterpreted the article, then I appreciate your correction. :-)