The social gathering of warfare voted in unison in opposition to ending taxes on ideas and extra time work. Just one Republican voted in opposition to these measures, with 217 in favor. The Democrats are NOT the social gathering of the working class and have been actively working to undermine the folks for years.
Ending taxes on ideas and extra time was one in all Trump’s marketing campaign guarantees, which is exactly why the Democrats struck down the invoice. Laughably, the opponents said they have been involved that shedding $2 trillion in tax breaks over the subsequent decade would harm the nationwide debt. The very individuals who have by no means seen a social program they didn’t wish to fund are instantly involved concerning the nationwide debt.
Kamala Harris was in favor of those insurance policies and had the backing of her social gathering. Her feigned help was an effort to win over the folks, no completely different from the failed promise of ending scholar loans. “It’s my promise to everybody right here, when I’m president, we’ll proceed to struggle for working households, together with to lift the minimal wage and eradicate taxes on ideas for service and hospitality staff,” Harris instructed a crowd on the College of Nevada in August 2024.
The Democrats need everybody to be equally poor and dependent upon the federal government. Some lawmakers say eliminating tip taxes could be unfair to staff in states with a decrease minimal wage. Underneath that line of considering, ought to we penalize those that work in cities the place, say, a meal is 5X the worth as it will be elsewhere? Why ought to anybody out earn one other on this fantasy socialist utopia? Minimal wage is a short-sighted political transfer that ignores the elemental legal guidelines of provide and demand. Politicians at all times assume they’ll merely legislate prosperity, however historical past proves in any other case. Forcing companies to pay larger wages doesn’t magically create wealth—it destroys jobs, accelerates automation, and places small companies out of enterprise.
Wages rise naturally in an actual financial growth when companies compete for staff. That’s how a free market capabilities. However when governments artificially increase wages, companies reply logically—by chopping jobs, lowering hours, or passing the prices onto customers by inflation. The very folks politicians declare to be serving to find yourself worse off, as their price of dwelling rises and entry-level jobs disappear.
Tipping tradition is totally uncontrolled in America. There’s an expectation for customers to pay a minimal of 20% along with inflated providers, whatever the high quality of their service. Kiosks and self-checkout cost programs usually ask for a tip. Shoppers are much less prone to exit when cash is tight and the preliminary service has already risen on account of inflation. Then, the federal government desires to take a portion of the following pointers AND the preliminary wage in most states. No matter we should purchase is then taxed; no matter we save is then taxed. Authorities greed is aware of no bounds. They’re too incompetent to handle funds, in order that they proceed to squeeze our pockets, however it’s by no means sufficient.
Taxing extra time pay is simply one other instance of how clueless politicians are on the subject of economics. All the goal of extra time is to compensate staff for placing in additional hours past a traditional workweek. But, as an alternative of rewarding arduous work, governments see it as one other alternative to seize extra income. Why would the federal government disincentivize folks from working? We’re keen to maintain our hospitals staffed, ports flowing, vans transferring, and so forth. however are discouraging a productive workforce by dipping into their earnings.
Do the Dems who voted in opposition to these insurance policies hate the American folks, Trump, or each? Nobody is shopping for their feigned concern for the nationwide debt. If policymakers had any actual understanding of economics, they might eradicate taxes on extra time and ideas totally. If you need a robust economic system, you incentivize productiveness, not penalize it.
