Casualties of the Cashless Society: Those Who Get Seasonal Tips

Re:Casualties of the Cashless Society: Those Who Get Seasona... by rhino369 on Monday December 18, 2017 @12:37PM (#15953447)

In most of these industries, the "fair wage" is actually less than tips. Or at least they used to be. Ending tipping will hurt them overall.

Just think about how a great a deal tips are for waiters. 10-20% of gross revenue is huge.

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Re:Casualties of the Cashless Society: Those Who Get Seasona... by workthrowaway27 on Monday December 18, 2017 @12:38PM (#15953458)

And they often get under-reported on taxes.

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Re:Casualties of the Cashless Society: Those Who Get Seasona... by Kalium on Monday December 18, 2017 @03:48PM (#15955361)

The importance of this cannot be overstated. For a long time, cash tipping functioned as a tax dodge for a sizable number of people. In theory, anyone who receives tips is obligated to track and report them. In practice, it's very easy to dramatically under-report and the odds of an audit are minimal.

What cashless tipping does here is take away the ease of under-reporting.

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Re:Casualties of the Cashless Society: Those Who Get Seasona... by ashelmire on Monday December 18, 2017 @07:59PM (#15956931)

You greatly overestimate the amount waiters make.

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Re:Casualties of the Cashless Society: Those Who Get Seasona... by rhino369 on Tuesday December 19, 2017 @11:31AM (#15961344)

I think you greatly underestimate how little unskilled workers generally make.

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