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Latest Discussions»General Discussion»Taxes: outrageous.»Reply #8
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General Discussion

In reply to the discussion: Taxes: outrageous. [View all]

TwilightZone

(25,471 posts)
8. Calling them gifts is a stretch.
Reply to TreasonousBastard (Reply #5)
Mon Mar 15, 2021, 11:17 PM
Mar 2021

They're compensation for services performed. The idea that they're gifts seems to have originated with libertarians and is intentionally obtuse.

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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
Latest Discussions»General Discussion»Taxes: outrageous.»Reply #8
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