{"id":55707,"date":"2023-02-09T08:30:03","date_gmt":"2023-02-09T13:30:03","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/were-already-getting-taxed-on-tips-what-more-could-the-irs-take-waitresses-weigh-in-on-bidens-tip-tax-55707"},"modified":"2023-02-09T08:30:03","modified_gmt":"2023-02-09T13:30:03","slug":"were-already-getting-taxed-on-tips-what-more-could-the-irs-take-waitresses-weigh-in-on-bidens-tip-tax","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/were-already-getting-taxed-on-tips-what-more-could-the-irs-take-waitresses-weigh-in-on-bidens-tip-tax-55707","title":{"rendered":"We’re already getting taxed on tips, what more could the IRS take?: Waitresses weigh in on Biden’s tip tax"},"content":{"rendered":"
\n

Some workers who receive tips as a major source of income say they are under financial attack due to the IRS’ initiative for a voluntary tip reporting system<\/a> known as the Service Industry Tip Compliance Agreement.<\/p>\n

This move comes along with President Biden’s expansion of the IRS, reportedly adding 87,000<\/a> workers to the institution. <\/p>\n

WE MUST DEFUND BIDEN’S $80 BILLION IRS UNDERTAKING<\/strong><\/a><\/p>\n

“Under my plans as long as I’m president, nobody earning less than $400,000 will pay an additional penny in taxes,” Biden said during his State of the Union<\/a>.<\/p>\n

Reportedly, the lowest income bracket was five times more likely<\/a> to face an IRS audit than members representing the highest income bracket.<\/p>\n

Waitresses Nicole Beatty and Samantha Fezette joined “Jesse Watters Primetime<\/a>” to explain how Biden’s IRS initiative is going to affect the service industry.<\/p>\n

Beatty explained how on a “good day” she would take home somewhere between $200 to $250 in tips, and how the IRS will be taking a cut of that.<\/p>\n

“I’m not feeling too good about it. You know, everything that I sell, whether it’s food or liquor or whatever is already going into the computer, and, you know, we have to tip out the bartenders, bussers, and I feel like we are already being taxed,” Beatty said.<\/p>\n

Fezette explained how wait staff already have to report the credit card and cash tips they receive, and is unclear on “what other taxes we could get.”<\/p>\n

“I mean, we already are one of the lowest wages paid, and we depend on how people feel to make a living, so I don’t think it’s fair. I think there’s a solution, but I don’t think it’s here,” Fezette said.<\/p>\n

Beatty emphasized the effect this would have on a myriad of people in the service industry.\u00a0<\/p>\n

“This is going to affect so many people, so many single parents, so many people that depend on this just for daily living,” she added.<\/p>\n

“I also think we just need to reevaluate a solution because like I said, we’re already getting taxed,” Fezette said. “We’re already doing our part, so I don’t know what the solution is, but I don’t believe it’s just taxing the service industry.”\u00a0<\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/media\/were-already-getting-taxed-tips-more-could-irs-take-waitresses-weigh-bidens-tip-tax <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Some workers who receive tips as a major source of income say they are under financial attack due to the IRS’ initiative for a voluntary […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-55707","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\nWe're already getting taxed on tips, what more could the IRS take?: Waitresses weigh in on Biden's tip tax - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/were-already-getting-taxed-on-tips-what-more-could-the-irs-take-waitresses-weigh-in-on-bidens-tip-tax-55707\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We're already getting taxed on tips, what more could the IRS take?: Waitresses weigh in on Biden's tip tax - 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