Not to even mention the trillions he stole from the social security fund and transferred to the general fund in order to hide the failure of "trickle down economics".
I saw someone driving around with an "I Miss Reagan" bumper sticker the other day, and I wanted to shake the shit out of them.
Do you have any source material for this? I was having to explain how much of an utter failure trickle down economics was and was having some difficulty filtering through all the garbage to find any quality substantiation.
"Trickle down economics" is just a politically savvy way of saying "getting pissed on by rich people".
In that sense, Reaganomics delivered on its promise 100%.
Trickle Down in a Nutshell
It used to be called "horse and sparrow". I'll let you figure out why.
I think tips shouldn't exist. Restaurants and everywhere else needs to just pay a real wage. Tipping the person that walks the plate of food over to me, while the person that made the food and the plate don't get tipped is asinine. All the places asking for tips now is asinine. Not paying taxes on what is over 2/3 of your income would be asinine as well. They already don't report a bunch as it is. Plus, how will not paying taxes on tips factor in to social security?
Instead of making tips tax free, make tips not legal.
The Reaganization of America led directly to the worst problems we're still still struggling with today. People argue whether it's the guns or the mental health that leads to mass shootings? Thank Reagan for both! With a bonus of homeless people, abusive for-profit prisons, underfunded schools, weak or non-existent labor unions, wealth inequality, unsafe and overpriced air travel, what else have I missed?
Love that they tax SS....
Just another way to move money from social security to the military
And tips.
May he rot in peace.
Piss*
May he burn in hell in anguish. Hell's not real, but he'd be there if it was.
It's alright, you don't need to remind everyone you don't believe the funny men who touch little boys for us to get that, in this context, you don't genuinely believe in it.
Really takes away from the sentiment when we all very much wish for hell to be a real place when it comes to Ronald Reagan
What is the penalty for pissing on a presidential grave 🤔
The combination of Reagan and Thatcher destroyed many lives.
Yep. That's when it all turned to shit. They ended that brief period after WWII when there was actually a middle class and started the income inequality spiral we find ourselves in today.
Here's a fun piece of trivia. Thatcher and Reagan are both still dead.
Another fun fact, Reagan had Alchemizers and Thatcher had dementia.
Theres more than one reason why Austin Powers shouted out "Margaret Thatcher on a cold day! Margaret Thatcher on a cold day!"
It's honestly a coin flip as to who was worse, Nixon or Reagan.
Definitely Reagan. Nixon signed the EPA into existence and oversaw the final stages of the Apollo program to get us to the moon. He also ended the Vietnam war (after escalating it, but he did end it).
Reagan... gave a speech in front of the Berlin Wall? Said no to drugs? Didn't turn the Earth into a radioactive hellhole? I don't know. I honestly can't think of anything I can give him any credit for as president.
Nixon didn't just escalate Vietnam, he sabotaged Johnson's attempt to end it so that he could run on ending the war. And then he waffled on it after he won the election because he realized it would make him the president that lost the Vietnam war (which is doubly stupid because, at least from my perspective, "lost Vietnam" isn't even a part of his legacy, despite him being one of the least popular presidents in recent history).
Regan by a long shot.
The Nixon Shock destroyed our ability to just save money without having to exploit other people's labor.
I think the criminal acts that Nixon got busted for put him about Reagan on this one. Of course both of them also passed laws that continue to have devastating effects.
Frankly Reagan's crimes I think far outweigh Nixon's. Don't forget he committed treason. He just didn't get busted for them.
And watch some CEO try to claim his $1 billion bonus as a tip.
Exactly. You nailed the very reason Trump was told to propose the idea. Giving a way for the hedge fund managers, CEO's, etc. to reduce their taxes even further.
Reagan was the biggest piece of shit ever. So many awful awful things are because of his demented ass.
He only wanted the star wars project because it sounds like his name - ray guns.
Not American so perhaps I'm missing something, but doesn't it make sense tips are taxed? It's income, so why wouldn't it be?
Tips should definitely be taxed. Otherwise you'll end up with businesses shifting entire income of their staff to tipping which IMHO is horrible (on top of depriving the government of income)
If wait staff weren't expected to make up their less than minimum wages with tips (which is legal), yes. But they're totally fucked as it is right now.
Imo if the worker is payed so well thet tipping is unusual, that should be the norm. Then when I have a reason, my kid puked on the table and the waiter cleaned it up or whatever and I feel like giving them 20, that should be tax free. As long as tips are a significant part of income it should be taxed. Not taxing tips doesn't fix the problem that workers are not payed enough.
If the point is to help the poor, reduce their tax rate rather than encouraging tip culture by giving tips favorable treatment. I don't see why tips shouldn't be taxed just like any other income. Unless of course the business requested them via a tip screen, in which case they should be taxed 4x as much.
TIL that social security earnings are taxed. Unbelievable
If you're earning social security you are likely under the standard deduction.
It would and should be the same thing for a UBI.
Did tipped workers actually depend on the tips as their primary income in his time?
Maybe not as much as today but yes. Tipped wages were added to the FSLA at 50% less than a "regular"l minimum wage in 1966. They were decoupled from raises of the regular minimum wage in a 1996 amendment signed by Clinton under an Republican majority congress (Newt Gingrich was speaker of the house 226R(+1I)-207D and Bob Dole was Senate majority leader(55R-45D). This was the same Republican congress that forced government shutdowns in 1995 and 1996.
https://www.epi.org/publication/waiting-for-change-tipped-minimum-wage/ Wiki for the congress
For waitresses/waiters, delivery people, and bar tenders, absolutely. Only during those times the normal tip for a waitress was 10%. Now food prices and inflation have gone up 4 fold, but for some reason tipped staff have shoehorned doubling up the tip percentage to closer to 20%.
Probably because paying 40% extra on top of the posted price of a meal is laughably absurd. Then again, so is tip culture in general.
No it wasnt
Sarcasm is clearly not lost on you.
