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Oldem

(833 posts) Mon Mar 15, 2021, 02:39 PM Mar 2021

Taxes: outrageous. [View all]

I'm finding Tom Hartmann very educational reading every day. So thanks to the DU member who posted something from his site a few days ago.

This time, he further examines the war Reagan waged on the middle class, using tax law. For example, we're being taxed twice on some "income" and being taxed on tips, which aren't income at all.

Hartmann urges a return to pre-Reagan tax policy.

[link:https://hartmannreport.com/p/its-time-to-roll-back-reagans-middle|

9 replies

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Taxes: outrageous. [View all] Oldem Mar 2021 OP

Thom is a DU member himself leftieNanner Mar 2021 #1

My apologies to Thom for misspelling his first name. Oldem Mar 2021 #2

How are tips not income? NT mahatmakanejeeves Mar 2021 #3

They are not wages, but more like gifts. Always technically taxable, but not... TreasonousBastard Mar 2021 #5

Also, they aren't regular and predictable, like wages. There's no way to know Oldem Mar 2021 #6

Calling them gifts is a stretch. TwilightZone Mar 2021 #8

Not really a stretch. There was no employment contract assumed or implied and agreement of... TreasonousBastard Mar 2021 #9

He's written some excellent books, too. CrispyQ Mar 2021 #4

Federal tax bill was $5400 for 2020 madville Mar 2021 #7