No tax on tips: Why politicians love it, and economists don't

Re:No tax on tips: Why politicians love it, and economists d... by aidenn0 on Thursday August 15, 2024 @12:20PM (#41257709)

So in a fantasy world where we could eliminate all fraud without spending a single dollar on enforcement[1], we could cut the deficit by somewhere between 1/7 and 1/3, and would still have to find over $1T more money somehow.

The deficit is so absurdly high at this point that we need to both cut spending (and yes, any obviously wasteful spending is a good place to start) and increase revenue.

> It is morally wrong to pour more water into a container with holes in the middle of water shortage.

I have no clue what you are trying to say with this analogy, so I'll just take it at face value and point out that a human being is a container with holes.

1: https://www.bitsaboutmoney.com/archive/optimal-amount-of-fra...

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Re:No tax on tips: Why politicians love it, and economists d... by atmavatar on Thursday August 15, 2024 @12:42PM (#41257929)

I would have gone the pedantic route and point out that you can only fill a container with water if it has at least one hole.

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Re:No tax on tips: Why politicians love it, and economists d... by cscurmudgeon on Thursday August 15, 2024 @08:03PM (#41261809)

Gravity exists and a hole on top (taxes) is different from hole below (fraud/waste).

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Re:No tax on tips: Why politicians love it, and economists d... by cscurmudgeon on Thursday August 15, 2024 @05:01PM (#41260327)

In your fantasy world, we tax and raise trillions? Want to see the math on it.

Did I say anywhere no other fraud or wastage is there? Did I say no new taxes at all?

I said no new taxes without addressing waste.

You can do two things in sequence.

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