Tax Rates Reflect Daily Life: Difference between revisions

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Revision as of 12:32, 16 August 2026


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The employer probably pays the waitress a very tiny wage, and allowed under many minimum wage laws because this lady has a job that typically generates details. The IRS might therefore conisder that my tip is paid "for" the business. But I am under no compulsion to leave the waitress anything. The employer, on the other instrument hand, is obliged paying the services his workers render. Therefore don't think the exception under Section 102 applies. If the tip is taxable income to the waitress, it's just under total principle of Section 61.

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If believe taxes are high now, wait till 2011. Within the federal, state and local governments, if you find yourself paying substantially than now you are. Plan for the product ahead electricity and it is best to be competent at limit the damage.

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