Just to make sure everyone understands that the “No Tax On Tips” policy reversal for Harris is nothing but another desperate attempt to garner votes. The past, which has a nasty way of exposing Kamala’s flip-flops raised it’s head again.
Kamala, as VP, was the deciding vote for the law on the expansion of the IRS that specifically targets people who don't pay taxes on tips. Again, you can't make this stuff up.
The Inflation Reduction Act gave boatloads of new money to the IRS, including enabling it to hire 87,000 new agents over the next ten years. What did that same IRS announce in early 2023 with the support of the Biden-Harris administration (which runs the agency) less than a year after the Inflation Reduction Act went into effect? A crackdown on people who don't report tips as income so it can be taxed.
The Internal Revenue Service (IRS) proposed a revenue procedure this week to crack down on the service industry's reporting of tips.
The Service Industry Tip Compliance Agreement (SITCA) program would be a voluntary tip reporting system in which the IRS and service industry companies cooperate, according to the announcement Monday. As part of the proposal, the IRS will give the public until early May to provide feedback on the program before implementing it.
"Those 87,000 new IRS agents that you were promised would only target the rich," tweeted Mike Palicz, federal affairs manager at Americans for Tax Reform. "They're coming after waitresses' tips now."
Harris is a focus-grouped mirage. She doesn't believe in anything which is why she constantly changes her positions based on which way she feels the wind is blowing. When she takes the reins of power, though, she consistently does the most far-left insanity imaginable. Anyone buying this new "moderate" version she and her handlers have created is a sucker.
You can expect "No tax on tips" to become an amazing, absolutely incredible idea now that Harris has stolen it. With that said, the reason this is happening is simple. Both Trump and Harris want to win Nevada, which is why both made this announcement there. The state is full of service workers who rely on tips as income. Politically speaking, Harris taking the position is smart. Again, though, any service worker who believes she'll follow through, given her contrary record, is being played and is up for a sad awakening.
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