Thursday, October 30, 2008

How to Get the Waiter Vote

Any candidate for President could win the service employee vote by a landslide, regardless of personal politics, if he did the simple act of rescinding the IRS's ability to tax gratuities. Contrary to what the IRS says, tips are not income. They are gifts for services rendered. It's really similar to when I was a paperboy and got paid per newspaper each month, but around Xmas I received a "gift" for a job well done from the customer.

It's a gift and at the very least the first $11,000 of a gift should be tax free. This is the amount the IRS says one can receive without being taxed.

Ask any waiter what they do with all their dough and they will say, as sure as Sarah Palin says, "You Betcha!", that they SPEND it! They pour it right back into the economy, often at bars and restaurants, which perpetuates the growth.

Of course this means states that pay less than minimum wage would have to start paying more, but I firmly believe this would help the over all economy more than a $800 stimulus check. I already get all the stimulus I need watching Sarah Palin bend over to pick up some notes that she dropped. :-0

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