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America's richest generation got much richer in recent decades as everyone else fell behind

Fernando said:

McDonald’s CEO says Trump’s no tax on tips amplifies an ‘uneven playing field’ for its restaurants, which don’t get ‘customers to pay’ for labor​

  • President Donald Trump has outlined which workers will be eligible for tax deductions as a result of his no tax on tips policy. This policy will not benefit McDonald’s workers, according to CEO Chris Kempczinski, because its restaurants do not have tips. Instead, the policy will give businesses that dole out smaller wages for tipped workers an outsize advantage.
McDonald’s employees will not only get no benefits from President Donald Trump’s no tax on tips efforts, but the policy also exposes inequities between businesses that decide to pay workers the federal minimum wage versus those who pay employees a smaller wage supplemented by tips, according to CEO Chris Kempczinski.

The fast food boss told CNBC’s Squawk Box on Tuesday that while he supports the no tax on tips policy, it doesn’t do any favors for McDonald’s restaurant workers.

By offering a reward for certain tipped workers, no tax on tips provides an outsize advantage to businesses paying workers less with the expectation the employees will make the majority of their wages in tips, Karla Dennis, a tax strategist, previously told Fortune.

“It is a win for the business owner,” Dennis said. “They may have more of their employees wanting to work the jobs that earn tips, and it may also help to get more people in these service-oriented jobs.”
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McDonalds and other QSR owners do benefit from taxpayer dollars.
They pay minimum wage to many employees who in turn get housing assistance, Medicaid, food stamps, etc.
The taxpayer ultimately provides profits to the QSR owner.
 
BRCJR said:
McDonalds and other QSR owners do benefit from taxpayer dollars.
They pay minimum wage to many employees who in turn get housing assistance, Medicaid, food stamps, etc.
The taxpayer ultimately provides profits to the QSR owner.
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Same as Walmart, bank tellers, and all the other low paying jobs in America.
In SF, public transportation needs hundreds of millions of dollars to keep it running.
SF is considering putting a ballot for a parcel tax. Ugh more taxes to be paid.
 
BRCJR said:
McDonalds and other QSR owners do benefit from taxpayer dollars.
They pay minimum wage to many employees who in turn get housing assistance, Medicaid, food stamps, etc.
The taxpayer ultimately provides profits to the QSR owner.
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What would those employees do if McDonalds didn't hire them in the first place and were replaced with automation?
Who benefits then from housing assistance, Medicaid, food stamps, etc.?
 
Lyft drivers are trying to unionize.
I don't see future for human drivers. Waymo and other driverless cars will replace humans. Human high labor cost will be eliminated.
 
Joe Flacco said:
I ate Potbelly's. Used a BOGO perk. Got 2 Wrecks with hot peppers, oil, and seasoning. $9.99 + tax. No tip. Best toasted sandwich ever. The peppers burned my mouth.
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Love that chain. Own the stock too…
 

McDonald’s CEO says Trump’s no tax on tips amplifies an ‘uneven playing field’ for its restaurants, which don’t get ‘customers to pay’ for labor​

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OK so what dude ? Pay your employees more per hour.

Who is he trying to fool saying customers don't pay for labor. All customers of a business pay for employees labor in the price of that service or product the purchase.

Is Trumps no tax on tips unconstitutional? No, not likely it may run afoul with the irs
 
Carnivore said:

McDonald’s CEO says Trump’s no tax on tips amplifies an ‘uneven playing field’ for its restaurants, which don’t get ‘customers to pay’ for labor​

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OK so what dude ? Pay your employees more per hour.

Who is he trying to fool saying customers don't pay for labor. All customers of a business pay for employees labor in the price of that service or product the purchase.

Is Trumps no tax on tips unconstitutional? No, not likely it may run afoul with the irs
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Who the hell tips at McDonalds? What a clown show.
 
Fernando said:
His point is why should tip workers get advantages.
Business should be fair to compete. Isn't this America?
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Good grief you have not gave any thought to what you said above.. Tell us more Carnac

So try and explain that gibberish you said above.
 
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