Ron Paul Wants to Exempt Taxes on TipsGambling911.com Special Contributor and an ardent supporter of 2008 US Presidential candidate Ron Paul wants service employees (bartenders, wait staff, casino dealers, etc..) to pay attention. Read on to find out why...
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Ron Paul is Trying to Exempt Taxes on Tips! Casino dealers, waiters, cab drivers, hairdressers, etc. listen up!
Ok, service people. Time to get busy. Pick up the phone and dial like you have never dialed before. Call every one of your friends and have congress calling parties. This is the chance of your lifetime!
Introducing the Tax Free Tips Act
Ron Paul Speech to Congress
September 25, 2007
Madam Speaker, I rise to help millions of working Americans by introducing the Tax Free Tips Act. As the title suggests, this legislation makes tips exempt from federal income and payroll taxes. Tips often compose a substantial portion of the earnings of waiters, waitresses, and other service-sector employees. However, unlike regular wages, a service-sector employee usually has no guarantee of, or legal right to, a tip. Instead, the amount of a tip usually depends on how well an employee satisfies a client. Since the amount of taxes one pays increases along with the size of tip, taxing tips punishes workers for doing a superior job!
Many service-sector employers are young people trying to make money to pay for their education, or single parents struggling to provide for their children. Oftentimes, these workers work two jobs in hopes of making a better life for themselves and their families. The Tax Free Tips Act gives these hard-working Americans an immediate pay raise. People may use this pay raise to devote more resources to their children's, or their own, education, or to save for a home, retirement, or to start their own businesses.
Helping Americans improve themselves by reducing their taxes will make our country stronger. I, therefore, hope all my colleagues will join me in cosponsoring the Tax Free Tips Act.
That is a bill introduced yesterday by Republican Presidential Candidate Ron Paul: The man for the people. If you ever had any doubts about who was the man who would protect the people and not the corporations, this should alleviate them. Ron Paul has legislation on the table right now that would exempt tips (gifts) from the Income Tax that taxes wages. Finally, someone who understands how hard these folks work for their money and how tips are not usually required and are based on how well a person does their job. Tips are gifts, they are given when people please others. Most people in service industries don't even make minimum wage (they are exempted out because they get tips), then to add insult to injury, the IRS usually determines ahead of time just how much they should be making and taxes them accordingly whether they make that much in tips or not.
Service folks, you have a shot at being able to keep your money with no fear that the IRS will be looking over your shoulder. Vote for the greatest man in history: Ron Paul. He needs your help as well. This bill will not pass without a fight. Please everyone, call your congressmen and tell them you support the Tax Free Tips Act! As soon as you are done with that, run, to register as a Republican so you can vote for this man for President. He is supporting you. Now it time for you to support him!
Pass this on!!!! Post this in the kitchen, break room, etc. Tell everyone you know. But you must call Congress about this. Call them, write them, email them. Get busy. You have just been handed the greatest gift in your lifetime. Don't blow it!
Ron Paul betting odds are currently set at 8 to 1 at Sportsbook.com
"All tyranny needs to gain a foothold is for people of good conscience to remain silent."
Thomas Jefferson
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Jennifer Reynolds, Special Contributor to Gambling911.com
Originally published September 26, 2007 10:17 pm ET
