Latest / Chuck Douglas / 24 0815 PH Taxing Tips

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24 0815 PH Taxing Tips · Chuck Douglas

• 0:01
  Speaker 1: Greeting salitations. Welcome my friends to the Thursday edition Up
• 0:05
  Speaker 1: the Power Hour on six ten WTVN. I'm Chuck Douglas.
• 0:09
  Speaker 1: You know who you are. We take it from there.
• 0:10
  Speaker 1: We get one hour together, so I talk really fast,
• 0:12
  Speaker 1: and you must listen even faster. My number area code
• 0:16
  Speaker 1: sixty one four eight one nine eight eighty six. That's
• 0:18
  Speaker 1: eight to one WTVN or eight hundred six ' ten WTVN.
• 0:25
  Speaker 1: Before we get into the taxing tips thing. By the way,
• 0:28
  Speaker 1: you're welcome to get in line right now. Just I mean,
• 0:31
  Speaker 1: the earlier you call, the better your chances of getting on.
• 0:33
  Speaker 1: I do everything I can to get people on before
• 0:35
  Speaker 1: I have to leave in this hour. But if you
• 0:37
  Speaker 1: wait till the last five minutes, your your your your
• 0:41
  Speaker 1: chances are dismal. I'm just I'm being honest, being honest
• 0:45
  Speaker 1: with you. So you want to get in early, grab
• 0:47
  Speaker 1: that line while you can hold on to it, and
• 0:49
  Speaker 1: I will do everything I can to get you on
• 0:50
  Speaker 1: because I want to talk about the you know, the
• 0:51
  Speaker 1: taxing tips thing, which when Donald Trump said it was
• 0:55
  Speaker 1: a terrible idea tax free tips, and he was, he was.
• 1:01
  Speaker 1: He was obliterated by several different media sources, including CBS News,
• 1:05
  Speaker 1: which is probably getting the most flack of all of them.
• 1:09
  Speaker 1: Kamala Harris came up with the same idea afterwards, and uh,
• 1:17
  Speaker 1: and that same organization, CBS News, praised the idea. That
• 1:22
  Speaker 1: just shows you how partisan the media is. It really does.
• 1:27
  Speaker 1: Mss Harris gets the cover of Time magazine the beautiful.
• 1:30
  Speaker 1: Did you see the picture of her on Time magazine?
• 1:32
  Speaker 1: That artist rendition of her was just yeah, what did
• 1:36
  Speaker 1: you say her Time or something like that.
• 1:38
  Speaker 2: I don't know. I just saw the picture.
• 1:40
  Speaker 1: When they put Donald Trump on the cover of Time magazine.
• 1:42
  Speaker 1: It looked like you remember those shirts they used to
• 1:45
  Speaker 1: have that were smeared with colors. It said, I ran
• 1:47
  Speaker 1: into Tammy Faye at the mall. That's what the Trump
• 1:52
  Speaker 1: picture on Time Magazine's cover looked like. Yeah. And Donald
• 1:56
  Speaker 1: Trump right now doing a Q and A. In fact,
• 1:58
  Speaker 1: I think he just wrapped it up. If I'm not mistaken.
• 2:01
  Speaker 1: He taking questions, what do you want to talk about?
• 2:03
  Speaker 1: Let's talk about and you know what are we twenty
• 2:06
  Speaker 1: seven days in now and ms Harris has yet to
• 2:11
  Speaker 1: hold a press conference, sit down and answer any questions.
• 2:16
  Speaker 1: I just think the you know, the smoke and mirrors.
• 2:19
  Speaker 1: Thing is only going to last so long before people
• 2:21
  Speaker 1: understand the emperor has no clothes at least I hope.
• 2:25
  Speaker 1: So nonetheless, be diligent, be vigilant, vote early, get your
• 2:31
  Speaker 1: vote in there. Do not wait for them to declare
• 2:34
  Speaker 1: a monkey pox epidemic, pandemic, non voting demic to keep
• 2:39
  Speaker 1: you away from the polls come November. Get it done now,
• 2:43
  Speaker 1: get it done now. Voting starts early, voting starts what
• 2:47
  Speaker 1: September I want to say sixth I have to go
• 2:51
  Speaker 1: back and check that. But take advantage of the opportunity.
• 2:54
  Speaker 1: The other side of the political spectrum has been taking
• 2:57
  Speaker 1: advantage of the opportunity for several years and beat us
• 3:00
  Speaker 1: about the head and shoulders with that stick. It's time
• 3:02
  Speaker 1: we turn that stick around in our favor. Taxing tips.
• 3:08
  Speaker 1: I've been thinking about this a great deal, don would.
• 3:10
  Speaker 1: One of my Facebook connections brought it to the table
• 3:14
  Speaker 1: last night, and I decided, yeah, it's time to talk
• 3:17
  Speaker 1: about it because I am not I am not declared
• 3:22
  Speaker 1: on other you know, one side or the other. I
• 3:25
  Speaker 1: think income should be income. The ridiculous arguments that we
• 3:31
  Speaker 1: have heard in the past, you know, worry, it's not
• 3:33
  Speaker 1: right our system where Warren Buffet secretary pays more income
• 3:38
  Speaker 1: tax than Warren Buffet, dies more smoke and mirrors. Warren
• 3:43
  Speaker 1: Buffett pays way more in taxes than his secretary pays. However,
• 3:49
  Speaker 1: they're not income taxes, dividend tax, capital gain tax, all
• 3:54
  Speaker 1: kinds of taxes that he pays because the salary he
• 3:58
  Speaker 1: takes from Berkshire half the way is neglible. He gets
• 4:02
  Speaker 1: his money from stocks, so he's paying taxes on the stocks.
• 4:07
  Speaker 1: He's paying real estate taxes on whatever properties he owns,
• 4:10
  Speaker 1: although he's not a flamboyant person. Last time I heard
• 4:12
  Speaker 1: he still lived in the house he grew up in
• 4:14
  Speaker 1: or something like that. But he does pay taxes. The
• 4:19
  Speaker 1: trouble is we have all these different types of money.
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  Speaker 1: I think that's like the first step. That's the first
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  Speaker 1: thing that we ought to do. If there's somebody could
• 4:28
  Speaker 1: wave a wand and reform the tax system if money
• 4:35
  Speaker 1: and listen closely. This is because I know, especially people
• 4:37
  Speaker 1: like Zach have trouble with things. If money is coming in, yeah,
• 4:43
  Speaker 1: that so far, az thatch.
• 4:45
  Speaker 3: Huh.
• 4:46
  Speaker 1: If money is coming in, okay, we will call that income.
• 4:52
  Speaker 1: Got it, period, that's it. Whether it's taxes, wages, self employment,
• 4:59
  Speaker 1: ten nine commissions on sales, interest on your your savings account,
• 5:06
  Speaker 1: or if you ever have any again, proceeds from from
• 5:11
  Speaker 1: selling something. Whatever. If money comes in, it is in come. Okay. Secondly,
• 5:24
  Speaker 1: take whatever they call the poverty rate in this country
• 5:27
  Speaker 1: and set an arbitrary figure. I don't care. One hundred
• 5:29
  Speaker 1: and twenty five percent, one hundred and fifty percent. Let's
• 5:32
  Speaker 1: let's let's be to say one hundred and fifty percent.
• 5:34
  Speaker 1: You are at one hundred and fifty percent of the
• 5:38
  Speaker 1: poverty level. Okay. Your first what's it cost to live? Well,
• 5:45
  Speaker 1: they say thirty five thousand dollars to sustain you know, groceries.
• 5:49
  Speaker 1: I don't know. Take that amount, whatever it is. You're
• 5:53
  Speaker 1: a one hundred and fifty percent. At one hundred and
• 5:56
  Speaker 1: fifty one percent, you pay twelve percent taxes, So you
• 6:04
  Speaker 1: get up to one hundred and fifty percent of poverty.
• 6:07
  Speaker 1: Make sure you're at least halfway over that poverty mark.
• 6:11
  Speaker 1: Then above that you pay taxes. What if you have
• 6:16
  Speaker 1: a big family, Well, the poverty rate is figured. That
• 6:19
  Speaker 1: number is figured on the number of people in your home.
• 6:22
  Speaker 4: So for a.
• 6:22
  Speaker 1: Family of four, you know the poverty level the national
• 6:27
  Speaker 1: poverty level would be whatever. Just I don't know the numbers.
• 6:30
  Speaker 1: I'm just saying, let's say it's seventy five thousand dollars
• 6:33
  Speaker 1: for a family of four. So anything up to one
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  Speaker 1: hundred and fifty percent of seventy five thousand dollars for
• 6:39
  Speaker 1: that family of four, so ad another fifty percent what's
• 6:41
  Speaker 1: out one hundred and seven hundred and eight thousand dollars.
• 6:44
  Speaker 1: They can make up to that, and then after that
• 6:47
  Speaker 1: they would pay ten twelve percent taxes on the income.
• 6:55
  Speaker 1: If everybody was paying taxes and you would not have
• 7:01
  Speaker 1: a need to pay higher taxes. The same money would
• 7:06
  Speaker 1: be coming into the government coffers so that they could
• 7:08
  Speaker 1: waste it on whatever because more people would be participating.
• 7:15
  Speaker 1: So whether their taxes came from tips or wages or whatever,
• 7:20
  Speaker 1: they can make up to this amount and then pay
• 7:23
  Speaker 1: a lower tax rate after that amount. That just seems
• 7:28
  Speaker 1: sensible to me. To say somebody's tips should not be
• 7:34
  Speaker 1: taxable does not make sense to me. I've tried to
• 7:39
  Speaker 1: make it make sense, and I understand they work for
• 7:41
  Speaker 1: a lower minute or lower hourly wage because they are
• 7:43
  Speaker 1: tipped employees. I get that that's the line of work.
• 7:46
  Speaker 1: They've chosen to go into. That's one of the rules,
• 7:48
  Speaker 1: that's one of the ways it works. You may so
• 7:51
  Speaker 1: you can make whether it's through your tips or your
• 7:53
  Speaker 1: salary or whatever, you can make up to this amount
• 7:56
  Speaker 1: and then after that you pay a tax. Does that
• 8:00
  Speaker 1: not makes sense to U?
• 8:00
  Speaker 5: Zachary?
• 8:01
  Speaker 1: Sounds perfectly legitimate, Okay, which is why I can never
• 8:05
  Speaker 1: hold public office because this does seem to make sense
• 8:07
  Speaker 1: to me. Maybe it doesn't make sense to you. I
• 8:09
  Speaker 1: would love to hear your thoughts seriously. A two one
• 8:12
  Speaker 1: nine eight eight six eight two one WTV and we've
• 8:14
  Speaker 1: got a few standing by already. Let's go to the
• 8:17
  Speaker 1: Legacy Retirement Group dot com phone lines and Sean, you're
• 8:19
  Speaker 1: on six ten double ETV at.
• 8:20
  Speaker 5: High good afternoon for lievening.
• 8:27
  Speaker 6: So well.
• 8:27
  Speaker 5: Basically servers. I used to serve two jobs, Olive Garden
• 8:32
  Speaker 5: and bualos back in the day at Easton And any
• 8:36
  Speaker 5: server that has tips bartenders, and this is going to
• 8:41
  Speaker 5: go with cash tips itself, they don't pay tax on
• 8:45
  Speaker 5: those tips. I mean roughly about I would say ninety
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  Speaker 5: of tips are not reported for taxation.
• 8:52
  Speaker 1: Well that's that's a human that's a human treat people
• 8:55
  Speaker 1: have money coming in all the time that they're not reporting.
• 8:58
  Speaker 5: So at the end of the night, the tips that
• 9:01
  Speaker 5: the taxes that I would end up paying on my
• 9:03
  Speaker 5: paycheck would be the ones that were on credit cards.
• 9:06
  Speaker 5: Then I can adjust that and then adjust that amount
• 9:09
  Speaker 5: by roughly about ten percent. So that's why it's pointless
• 9:13
  Speaker 5: to say we're not going to tax tips because servers
• 9:16
  Speaker 5: ninety percent of those tips never get reported and are
• 9:20
  Speaker 5: never taxed.
• 9:21
  Speaker 1: Let me ask you this, though, Shawn, Now, from your
• 9:22
  Speaker 1: experience in that industry, if you knew that you could
• 9:26
  Speaker 1: make one hundred and fifty percent or whatever, the power.
• 9:28
  Speaker 1: So let's say it's you and are you married. I
• 9:32
  Speaker 1: am okay, So you and the spouse and you could
• 9:35
  Speaker 1: make you know, seventy eight thousand dollars between your wages
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  Speaker 1: and your tips and everything before you had to pay
• 9:40
  Speaker 1: a dollar in taxes. Wouldn't you be more apt to
• 9:43
  Speaker 1: claim your tips then and go, well, yeah, that's cool,
• 9:45
  Speaker 1: I'm making a decent living. I can pay my bills.
• 9:48
  Speaker 1: Wouldn't you be able to? I think people would be
• 9:51
  Speaker 1: going to have to be honest about it.
• 9:53
  Speaker 5: Yes, because right, well, I'll be honest. I'm married, I
• 9:56
  Speaker 5: have four kids, one of my kids is currently going
• 9:58
  Speaker 5: to college, and the other two ones in high school
• 10:01
  Speaker 5: and the other ones in middle school, and then the
• 10:03
  Speaker 5: other one is going to go into.
• 10:04
  Speaker 1: Kindergartenstances, you could probably make that twelve million a year
• 10:08
  Speaker 1: without exit.
• 10:09
  Speaker 5: Well yeah, but like to like just being straight up
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  Speaker 5: and honest, that plan would be awesome.
• 10:14
  Speaker 6: It would be great.
• 10:15
  Speaker 5: It would be fabulous. It would help with especially how
• 10:18
  Speaker 5: things are expensive and how things have skyrocketed so much.
• 10:21
  Speaker 5: If I didn't have to pay any taxes, it would help.
• 10:25
  Speaker 5: I mean, my ap alone is like those like four
• 10:27
  Speaker 5: hundred and some on dollars just because of thirty five
• 10:29
  Speaker 5: percent increase rate that they did themselves. But yes, that
• 10:33
  Speaker 5: would definitely help. And I would definitely vote for you
• 10:36
  Speaker 5: for for office.
• 10:38
  Speaker 1: Thank you, Sean. I appreciate that. If I ever get
• 10:40
  Speaker 1: foolish enough to run, I will hold you to it.
• 10:42
  Speaker 1: A two eight six eight two one DOUBLETVN and air
• 10:45
  Speaker 1: in You're on six to NUBTVN.
• 10:47
  Speaker 4: Hey, great topic, Chuck, great show, thank you, sir. Hey,
• 10:50
  Speaker 4: hey U. So while I appreciate the sentiment, all I
• 10:56
  Speaker 4: don't I don't see you know, I was a waiter
• 10:59
  Speaker 4: too for a long time when I was going through
• 11:01
  Speaker 4: high school and college and I only had to declare
• 11:04
  Speaker 4: eight percent of my tips and that was only if
• 11:07
  Speaker 4: they were on credit cards. Now, I appreciate the lowering,
• 11:12
  Speaker 4: you know, the taxes and on tips and stuff, and
• 11:15
  Speaker 4: I appreciate what it's trying to do, but that's not
• 11:18
  Speaker 4: going to do anything for the state taxes. The state's
• 11:20
  Speaker 4: still going to charge tax on those tips. And and
• 11:24
  Speaker 4: you know, did you guys just point before, If you
• 11:28
  Speaker 4: don't declare all the money you make, how are you
• 11:31
  Speaker 4: going to buy a house because you got to explain everything.
• 11:34
  Speaker 4: I mean, you're really you know right, you gotta explain
• 11:36
  Speaker 4: all the money coming in.
• 11:38
  Speaker 1: And that's what I'm saying. I think people would be
• 11:40
  Speaker 1: more apt to be honest about their tips coming in.
• 11:42
  Speaker 1: But you if you want a higher credit score, if
• 11:45
  Speaker 1: you want to qualify for a MORGE, you're going to
• 11:48
  Speaker 1: be honest about it. But if you can be honest
• 11:50
  Speaker 1: while not making yourself live in poverty, then you know,
• 11:54
  Speaker 1: everybody wins there.
• 11:56
  Speaker 4: Well. And another thing is I really don't think a
• 11:59
  Speaker 4: very a large, a influenceable section of the population relies
• 12:07
  Speaker 4: on that. I mean, don't get me wrong. There are
• 12:10
  Speaker 4: sectors and stuff that just that do a lot of
• 12:12
  Speaker 4: hospitality and that kind of stuff. But the majority, I
• 12:16
  Speaker 4: mean those the server jobs or second jobs, or or
• 12:21
  Speaker 4: or entry level jobs, and a lot of times those people,
• 12:26
  Speaker 4: I mean, they don't really really. When I was a server,
• 12:29
  Speaker 4: I certainly wasn't worried about buying a house. I'm not
• 12:32
  Speaker 4: saying that they don't, But.
• 12:34
  Speaker 1: I understand what you're saying. A lot a lot of
• 12:35
  Speaker 1: times that's just the beginning. They're they're getting into the world.
• 12:38
  Speaker 1: Maybe they want to buy the first car or something
• 12:40
  Speaker 1: like that, but they're not out there trying to feed
• 12:41
  Speaker 1: a family and that kind of thing. I get what
• 12:44
  Speaker 1: you're saying largely that that's right now here. Let me
• 12:47
  Speaker 1: hit you with something else. Let me this this new trend.
• 12:50
  Speaker 1: Blazer was talking about it. Somebody hit me on Facebook
• 12:52
  Speaker 1: about this too, and the machines getting tipped. He went
• 12:58
  Speaker 1: down to a since game. Okay, I just freaked out
• 13:01
  Speaker 1: because I saw somebody run past the door doors. Act
• 13:06
  Speaker 1: is he out there? Okay? I saw a head run
• 13:08
  Speaker 1: past it. On my Why is there somebody out there?
• 13:11
  Speaker 1: Blazer goes to a Reds game and he has to
• 13:13
  Speaker 1: get his own stuff. The concession counter picks it up
• 13:17
  Speaker 1: he's carrying everything. You go over to a checkout thing
• 13:20
  Speaker 1: and you swipe your credit card at the thing to
• 13:22
  Speaker 1: check out while carrying all your own crap, and then
• 13:25
  Speaker 1: the screen asks for a tip. The screen, Okay, any
• 13:31
  Speaker 1: corporate entity, any business entity like that where no human
• 13:35
  Speaker 1: being is actually working and serving and so forth. I say,
• 13:40
  Speaker 1: they pay like triple tax, Well then they won't ask
• 13:44
  Speaker 1: for the tip. That's my point.
• 13:46
  Speaker 2: When AI takes over, it'll remember you doing that.
• 13:50
  Speaker 1: Yeah, and the terminator going to show up at my
• 13:53
  Speaker 1: house first. Maybe excuse me, you do refuse to leave
• 13:56
  Speaker 1: a tip for the screen. In Cincinnati, we kind of
• 13:58
  Speaker 1: have that. Yeah.
• 13:59
  Speaker 6: Whatever.
• 14:00
  Speaker 1: On ninety eighty six is the number, John, You're on
• 14:02
  Speaker 1: six ten level at UTVN.
• 14:04
  Speaker 2: Yeah.
• 14:04
  Speaker 6: I think the tips should be taxed. I mean it's
• 14:10
  Speaker 6: only fair. And like you said, if you want to
• 14:13
  Speaker 6: get through life, you're you're gonna have to report income
• 14:16
  Speaker 6: and you can't just say, yeah, I got these tips,
• 14:19
  Speaker 6: but I don't remember what they were.
• 14:22
  Speaker 1: Yeah, you're exactly right. Life requires of some degree of honesty.
• 14:26
  Speaker 1: And when you go out and and you know, buy
• 14:28
  Speaker 1: your your fifty thousand dollars ev or or get that
• 14:32
  Speaker 1: first mortgage, because you know, we go to some place
• 14:34
  Speaker 1: where you don't have to declare anything anymore, which we
• 14:36
  Speaker 1: have seen in the mortgage industry in the past. People
• 14:39
  Speaker 1: are going to say, wait a minute, if you only
• 14:40
  Speaker 1: made eighteen thousand dollars last year, how did you just
• 14:43
  Speaker 1: buy this fifty sixty thousand dollars vehicle? How are you
• 14:46
  Speaker 1: supporting your family? So if you're not honest, eventually somebody's
• 14:51
  Speaker 1: gonna catch you, and it's not worth it. I think
• 14:55
  Speaker 1: if it was more manageable, you could live decently. People
• 15:01
  Speaker 1: who are tipped would be more inclined to declare those tips.
• 15:04
  Speaker 1: Or maybe I'm just naive. I don't know. Somebody with
• 15:07
  Speaker 1: a wonderful name Chuck is coming up next in Room
• 15:09
  Speaker 1: for You two at A two one nine eight eighty six,
• 15:11
  Speaker 1: A two one WTV and trafficking weather together from day
• 15:15
  Speaker 1: to night, heating and cooling products and deal mechanical house
• 15:17
  Speaker 1: look and darling. And here we go with the second
• 15:26
  Speaker 1: half of the one hour extravagance that we call the
• 15:29
  Speaker 1: Power Hour on six ten WTV and at six thirty eight,
• 15:32
  Speaker 1: I'm Chuck Douglas eight two one nine eight eighty six
• 15:34
  Speaker 1: my number A two one WTV and talking about this
• 15:36
  Speaker 1: idea of tax free tipping, which I just I'm not
• 15:41
  Speaker 1: I'm not standing hard on either side of the line.
• 15:44
  Speaker 1: I'm telling you that I am inclined. My inclination, my
• 15:50
  Speaker 1: my initial thought is that it's just not a good idea.
• 15:54
  Speaker 1: Income is income, and whether you're getting it from a
• 15:57
  Speaker 1: W two or ten ninety nine from commission, as a
• 15:59
  Speaker 1: same person from you know, you sold something on the eBay, whatever.
• 16:06
  Speaker 1: If we just looked at money coming in as income
• 16:10
  Speaker 1: and said any money coming in is subject to this
• 16:15
  Speaker 1: about of tax, I think we would all pay less tax.
• 16:17
  Speaker 1: And I think if you had a minimum not a
• 16:21
  Speaker 1: government funded but a minimum income for people, as I
• 16:26
  Speaker 1: suggested earlier, like one hundred and fifty percent of whatever
• 16:28
  Speaker 1: the poverty rate is, and they don't have to pay
• 16:31
  Speaker 1: any taxes until they have crossed that line, that more
• 16:38
  Speaker 1: people would be honest about what they were making, and
• 16:40
  Speaker 1: we wouldn't have to worry about hiding of tips and
• 16:42
  Speaker 1: so forth. At least more regular people politicians. I never
• 16:46
  Speaker 1: count on them. Your thoughts welcome. A two to one
• 16:49
  Speaker 1: ninety eight six A two one WUTVN back to the
• 16:51
  Speaker 1: Legacy Retirement Group, dot com phone lines and Chuck, thanks
• 16:54
  Speaker 1: for holding on.
• 16:56
  Speaker 7: Hey, good to talk to you again. I agree with you.
• 17:00
  Speaker 7: Tips are income under the current tax system. I don't
• 17:04
  Speaker 7: know why they're pandering to this one group of people.
• 17:08
  Speaker 7: I don't know. Apparently there's a lot of people who
• 17:10
  Speaker 7: don't vote, who are servers, and they're trying to get
• 17:13
  Speaker 7: them to vote. Maybe that's what it is. I don't know.
• 17:17
  Speaker 1: Always, always there's always some specialists. They want to kiss
• 17:20
  Speaker 1: the tu shove in order to get their.
• 17:21
  Speaker 6: Support right right.
• 17:23
  Speaker 7: The other part of that is, since you earn that
• 17:25
  Speaker 7: at your job, your employer should be paying payroll tax
• 17:29
  Speaker 7: on that money too, just like they do when they
• 17:33
  Speaker 7: when they issue you a check a paycheck, when they
• 17:36
  Speaker 7: take taxes out of your check, they also pay taxes
• 17:38
  Speaker 7: on that money. Because I was an employer, I know
• 17:42
  Speaker 7: that's the case.
• 17:44
  Speaker 1: The trade off, the trade off for that is though
• 17:46
  Speaker 1: that's also going to reflect on you as a retiree,
• 17:50
  Speaker 1: because it's going to mean a larger contribution into your medicare,
• 17:53
  Speaker 1: it's going to be a larger contribution to society. So again,
• 17:58
  Speaker 1: and when it comes to social security, by by the way,
• 18:01
  Speaker 1: taxing that is BS, you've already worked for it. You've
• 18:04
  Speaker 1: already earned it once. Once you get to be sixty five,
• 18:08
  Speaker 1: that's that's money you've put into a system. You should
• 18:11
  Speaker 1: be able to get that back without having to pay
• 18:13
  Speaker 1: the same taxes.
• 18:14
  Speaker 7: I would, I would take it a step farther. I
• 18:17
  Speaker 7: think that the taxation of income is immoral because it
• 18:23
  Speaker 7: is absolutely slavery because you have to work to earn
• 18:28
  Speaker 7: money to live, and when you have to pay the
• 18:32
  Speaker 7: government a percentage, essentially it's a percentage of your labor.
• 18:36
  Speaker 1: Right now, let me let me ask you chuckle. I've
• 18:39
  Speaker 1: heard this argument several times on the Facebook page today.
• 18:42
  Speaker 1: How then do you maintain, sustain and continue the country
• 18:47
  Speaker 1: if there is no way to bring in money from
• 18:49
  Speaker 1: the citizens.
• 18:51
  Speaker 7: Well, there is money. There is a way to bring
• 18:53
  Speaker 7: it in. You don't tax productivity. You tax consumption. When
• 18:58
  Speaker 7: you go out to buy something. It's not a like food.
• 19:01
  Speaker 1: So you're you're talking about what they call the fair
• 19:03
  Speaker 1: tax system.
• 19:05
  Speaker 7: Well, I don't even know if it's a fair tax.
• 19:07
  Speaker 7: It's a it's a it's a it's a sales.
• 19:09
  Speaker 1: Tax, right, Well, that's the fair tax on what you buy.
• 19:12
  Speaker 1: The fair tax platform is essentially that consumption on new products,
• 19:16
  Speaker 1: not on us, but on new products essentially a national
• 19:19
  Speaker 1: sales tax. So if you don't go out and buy
• 19:20
  Speaker 1: anything new, you're not paying into the system. If you
• 19:23
  Speaker 1: go out and buy something new, U pace.
• 19:26
  Speaker 7: If you have a choice, if you want to go
• 19:27
  Speaker 7: buy a swimming pool, you can buy a swimming pool.
• 19:30
  Speaker 7: You're not going to die you don't buy a swimming pool.
• 19:33
  Speaker 1: But you got to eat amen.
• 19:36
  Speaker 7: The money, money that you money that you make.
• 19:39
  Speaker 2: It is slavery period.
• 19:41
  Speaker 1: The thing of it is, I'm not going to tell
• 19:42
  Speaker 1: you you're wrong or right. What I'm saying here. This
• 19:45
  Speaker 1: is a great discussion to have, and I wish the
• 19:46
  Speaker 1: people in charge of our future would sit down and
• 19:49
  Speaker 1: have these discussions. Man, it doesn't. It does not take
• 19:52
  Speaker 1: a PhD and a bunch of donors to sit down
• 19:55
  Speaker 1: and have this talk with you. And I just did it.
• 19:57
  Speaker 1: That's simple. They make it more differficult thing it has
• 20:00
  Speaker 1: to be to justify their existence. Or maybe that's just
• 20:03
  Speaker 1: me A two one nine eight six A two w
• 20:06
  Speaker 1: TV and Steve, thanks for hanging in there.
• 20:08
  Speaker 2: Hey, Chuck, I don't really care for the uh uh
• 20:13
  Speaker 2: them just hopping a tax on us. I don't it
• 20:16
  Speaker 2: should we should be able to vote on it. Now.
• 20:19
  Speaker 2: I know, when you vote for a candidate, whatever they
• 20:22
  Speaker 2: run on, that's what you get and everything, but not taxes,
• 20:26
  Speaker 2: especially not taxes. We should be able to vote on that. Now.
• 20:30
  Speaker 2: I'm kind of pour it so I but them just
• 20:34
  Speaker 2: popping it on us like that and just you know,
• 20:36
  Speaker 2: everybody having to accept it. I'm just tired of that.
• 20:39
  Speaker 2: I really wish that they could, you know, let's vote
• 20:43
  Speaker 2: on taxes more.
• 20:44
  Speaker 1: You know, well, as I've said many times before, Steve,
• 20:47
  Speaker 1: you know, we ask these candidates questions when they're running,
• 20:50
  Speaker 1: how do you feel about are you in favor of?
• 20:52
  Speaker 1: I don't care. I don't care what you are in
• 20:54
  Speaker 1: favor of. I don't care what you believe. What I
• 20:57
  Speaker 1: want to know is, as my representative, will your butt
• 21:01
  Speaker 1: go into that office and represent me? Will you listen
• 21:04
  Speaker 1: to me? Will you take calls from me? I don't
• 21:07
  Speaker 1: care what you believe. Your job is to represent me,
• 21:12
  Speaker 1: and I don't think any of them understand that exactly exactly.
• 21:17
  Speaker 2: I totally agree. I agree with the plan that you
• 21:20
  Speaker 2: have too, about the way to tax you know, everything
• 21:24
  Speaker 2: of the one hundred and fifty percent you know for
• 21:26
  Speaker 2: the poor, and I agree with all that that's that's
• 21:29
  Speaker 2: not a bad ideal, but just popping a tax on people.
• 21:32
  Speaker 2: I'm just sick of it, you know, I don't. I
• 21:35
  Speaker 2: just don't like it. It's just not right.
• 21:37
  Speaker 1: They need with they need accountability there. And for those
• 21:40
  Speaker 1: those temporary taxes and fees that never seem to go away, Well,
• 21:44
  Speaker 1: we're going to put an assessment on your neighborhood for
• 21:47
  Speaker 1: new sidewalks for the next five years. Thirty five years
• 21:51
  Speaker 1: down the road, you're still getting an assessment on your property.
• 21:54
  Speaker 1: You want to talk about a tax that I believe
• 21:56
  Speaker 1: is unconstitutional. Property taxes I believe are unconstitutional. You worked
• 22:00
  Speaker 1: your tail off to buy that house. Now you got
• 22:03
  Speaker 1: to pay the government a fee every year for the
• 22:06
  Speaker 1: right to own what you worked your tail off to buy.
• 22:10
  Speaker 1: I have more of a problem with property taxes than
• 22:12
  Speaker 1: I do with income taxes, that's for sure. A two one,
• 22:14
  Speaker 1: nine and eighty six bill. You're on the Legacy Retirement
• 22:16
  Speaker 1: Group dot com phone lines? How are you?
• 22:19
  Speaker 4: Yes?
• 22:20
  Speaker 8: The taking away or not charging taxes on tips is brilliant,
• 22:27
  Speaker 8: just brilliant. First of all, most of the young servers
• 22:30
  Speaker 8: tend to be more liberal that are working their way
• 22:34
  Speaker 8: through college, so it's a way of stealing voters from
• 22:37
  Speaker 8: a Democratic Party. That's why Harris unshaemedly copied Trump's ideal
• 22:43
  Speaker 8: about that. But let me tell you why it's brilliant.
• 22:47
  Speaker 8: Because a tax on the tip is a tax on gratuity,
• 22:53
  Speaker 8: and a gratuity is an act of gratitude. A tax
• 22:57
  Speaker 8: on gratitude is an attax on the customer's emotions. If
• 23:02
  Speaker 8: you can tax somebody's emotions, what can't you tax?
• 23:05
  Speaker 1: Well, let me ask you this bill. When somebody hires
• 23:08
  Speaker 1: you for ten dollars a week and then your employer says,
• 23:10
  Speaker 1: I am so happy with your service. Here's eight hundred
• 23:13
  Speaker 1: dollars as a tip. Should that eight hundred dollars be
• 23:15
  Speaker 1: taxed or not? Because you know the system will be
• 23:17
  Speaker 1: manipulated just like that.
• 23:20
  Speaker 8: Well, if it can be defined as a gratuity, no tax,
• 23:24
  Speaker 8: no tax at all. Like Russe Limbaugh said, words mean things.
• 23:28
  Speaker 8: If it was a wage, the employer would have to
• 23:31
  Speaker 8: be paying it, or if it was a wage from
• 23:34
  Speaker 8: the customer, every customer would have to give their server
• 23:37
  Speaker 8: a w two. It is not a wage. It's an
• 23:40
  Speaker 8: act of gratitude. It's an expression of an emotion.
• 23:43
  Speaker 1: Well, and I think I think what we are we
• 23:45
  Speaker 1: are in the situation we're in right now having this
• 23:48
  Speaker 1: discussion because we have that that line between everything. It's
• 23:53
  Speaker 1: a wage, it's a gratuity, it's a income. If money
• 23:58
  Speaker 1: is coming in, it is income. If we just looked
• 24:02
  Speaker 1: at it that simply, we'd be a lot better off.
• 24:06
  Speaker 1: I really believe that, Nick, you're on six ten WTV.
• 24:09
  Speaker 9: At high got Jack kind of doing so a little
• 24:13
  Speaker 9: different bent on this a couple of years back sixty
• 24:17
  Speaker 9: minutes to the piece on people that pay to work somewhere,
• 24:22
  Speaker 9: they pay to work. A gentleman they.
• 24:24
  Speaker 10: Had on there paid to work at the Foston Blue.
• 24:26
  Speaker 10: He was a major d.
• 24:28
  Speaker 9: He split his tips.
• 24:29
  Speaker 10: With the major with the hotel. He paid two hundred
• 24:34
  Speaker 10: and fifty thousand dollars a year to work at the
• 24:36
  Speaker 10: hotel because where else can he make that kind of
• 24:39
  Speaker 10: money because of the clientele they have. He said, you know,
• 24:43
  Speaker 10: most of his clientele is big businessman, you know, celebrities,
• 24:46
  Speaker 10: things like that, because of the old restaurants of where
• 24:48
  Speaker 10: he works. He was kind of funny because he said,
• 24:51
  Speaker 10: I know everything about him. He said, I know their
• 24:54
  Speaker 10: wife's name, their kid's name, their dog's name, and their
• 24:57
  Speaker 10: girlfriend's kids and their dog's name, and I don't get
• 25:00
  Speaker 10: a mixed up when they come in to have dinner.
• 25:04
  Speaker 10: And they said, plus, he has never paid for a
• 25:07
  Speaker 10: vacation since he started working there. You know, the clientele has, well,
• 25:11
  Speaker 10: use my chateau in France now on their private plane.
• 25:15
  Speaker 10: He'll fly over there and spend the week free. You know, Hey,
• 25:19
  Speaker 10: he's made a lot of money in the stock market
• 25:21
  Speaker 10: because a lot of people are, you know, financially knowledgeable.
• 25:24
  Speaker 10: They come there, they give him stock tips. He's made
• 25:26
  Speaker 10: a fortune.
• 25:27
  Speaker 8: He said, where else?
• 25:28
  Speaker 9: Why would I not want to.
• 25:29
  Speaker 10: Pay twentdred and fifty thousand dollars to work somewhere where
• 25:31
  Speaker 10: I can make a million?
• 25:32
  Speaker 1: There you go, There you go that, there you go.
• 25:35
  Speaker 1: That is excellent argument. I appreciate you, Nick, And that's
• 25:38
  Speaker 1: you know exactly, Why would I not pay a quarter
• 25:41
  Speaker 1: of a million dollars a year to have a job
• 25:44
  Speaker 1: where I can make a million dollars a year. That's
• 25:48
  Speaker 1: very practical, thinking, oh no, Barry dropped off. Okay, let's
• 25:51
  Speaker 1: go to George. You're on six to ten w ETV
• 25:53
  Speaker 1: and George.
• 25:55
  Speaker 8: Yes, hi.
• 25:56
  Speaker 3: They used to be a server and used to be
• 26:00
  Speaker 3: they got to where they do eight percent of your
• 26:02
  Speaker 3: cash tips plus all of your charge tips. Was that
• 26:05
  Speaker 3: way they can audit your charge tips? But my question
• 26:09
  Speaker 3: is it's not get back at the other guy, but
• 26:12
  Speaker 3: are they auditing the donations that politicians are getting like
• 26:16
  Speaker 3: the ones that are making this law?
• 26:18
  Speaker 6: Is my question.
• 26:19
  Speaker 1: That's actually an excellent question too. I mean, you know,
• 26:23
  Speaker 1: campaign finance has been a bone of contention with people
• 26:28
  Speaker 1: my entire adult life and the way that that money
• 26:32
  Speaker 1: is hidden and maneuver. Well, we just saw with Joe
• 26:35
  Speaker 1: Biden stepping down and Kamala Harris stepping in. Was it
• 26:38
  Speaker 1: eighty two point three million dollars or something like that
• 26:40
  Speaker 1: from the Biden campaign fund which automatically went over to
• 26:43
  Speaker 1: her and they said she's raised one hundred million dollars
• 26:46
  Speaker 1: in the first twenty four hours. No, she raised fourteen.
• 26:49
  Speaker 1: The rest of it came from Biden's coffers. They manipulated.
• 26:52
  Speaker 8: And how much go ahead and how much is Joe worth?
• 26:56
  Speaker 5: Uh?
• 26:56
  Speaker 1: Oh, he doesn't know, so the I appreciate you, George,
• 27:01
  Speaker 1: thanks very much for the call. Yeah, the manipulation of money.
• 27:04
  Speaker 1: And again, this is a problem when the people who
• 27:08
  Speaker 1: are making the decisions don't subject themselves to the same decisions.
• 27:15
  Speaker 1: You've got a problem. This has again been a reality
• 27:20
  Speaker 1: my entire life. I remember years ago railing against a
• 27:23
  Speaker 1: president of the Columbus City Schools Board of Education because
• 27:26
  Speaker 1: their kids were in private school. You know, when we
• 27:30
  Speaker 1: were talking about national health care, many of us said,
• 27:33
  Speaker 1: why the hell can't we just have what we pay
• 27:35
  Speaker 1: for Congress to have? Why should I take some oops?
• 27:39
  Speaker 1: I hope I find a doctor that actually knows what
• 27:42
  Speaker 1: a scalpel is because the government's doling it out when
• 27:46
  Speaker 1: I'm paying for my congressional representatives to have beautiful medical care.
• 27:53
  Speaker 1: You know, how come I get a thirty five dollars
• 27:56
  Speaker 1: bounce check fee at my bank when we had that
• 27:58
  Speaker 1: house banking scan or do you remember that man? They
• 28:01
  Speaker 1: were using that like they they owned the money. Well,
• 28:05
  Speaker 1: because they do great discussion tonight, guys, I love you,
• 28:09
  Speaker 1: Thank you joining me tomorrow morning. I'm hosting Columbus Morning
• 28:11
  Speaker 1: News beginning at six ' ten am on six '
• 28:14
  Speaker 1: ten am WTVM