Only seven states currently bar “subminimum” pay for tipped workers like bartenders and restaurant servers, but activists see 2024 as ripe to expand the tally to as many as 20.
For reference, Musk paid 8.3 billion in federal taxes in 2021, after all the evasion tricks. So even if the servers are being taxed correctly, who cares, it doesn’t actually impact the economy.
It does. That’s how taxes work. Musk’s taxes don’t benefit everyone equally. The server’s taxes will be split, and the portion that goes to their state may be one that a billionaire doesn’t pay into.
But it doesn’t matter since you’ve created a straw man argument. I don’t disagree with anything you’ve said about taxing the rich. You just take exception to me stating that servers also pay taxes for some baffling reason.
For reference, Musk paid 8.3 billion in federal taxes in 2021, after all the evasion tricks. So even if the servers are being taxed correctly, who cares, it doesn’t actually impact the economy.
It does. That’s how taxes work. Musk’s taxes don’t benefit everyone equally. The server’s taxes will be split, and the portion that goes to their state may be one that a billionaire doesn’t pay into.
But it doesn’t matter since you’ve created a straw man argument. I don’t disagree with anything you’ve said about taxing the rich. You just take exception to me stating that servers also pay taxes for some baffling reason.
How much is that expressed as percentage of his total wealth?
A quick search revealed $185b, which is probably his net worth and not his total wealth, but we’ll go with it:
8.3 / 185 * 100 = ~4.49%
For reference, I paid over 20% of my total wealth last year.
So I actually paid more than 4x as much tax as Musk did, relative to the amount of wealth we have.
If he paid 37 billion dollars in taxes, you would be satisfied? I find “wealth tax” to be completely separate from income tax discussions.
I’ll be satisfied when the quality of life for average citizens starts going up again.