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Politics By Faith w/Mike Slater

No Tax On Tips!

Politics By Faith w/Mike Slater

The First Digital Inc.

Christianity, News, Religion & Spirituality, Politics

4.9593 Ratings

🗓️ 20 May 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

If the One, Big Beautiful Bill passes, there will be no more taxes on tips. Is that fair to people who are paid a salary? Joseph and the cupbearer can give us some insight. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to Politics by Faith. Thank you for being here. I just heard that we are right around

0:07.1

5,000 downloads per episode, most over 4,000, almost every episode of 4,000, a couple over 5,000.

0:13.9

That's awesome. I'm very grateful to you for being here and spreading the word. I made a half-joking,

0:20.0

passing reference to the Bible today on the

0:22.0

series X-M show. But the more I thought about it's like actually it's not really a joke. It's actually

0:25.9

pretty right. So let's go into more detail here. We've been talking about the one big beautiful bill.

0:31.0

One big beautiful bill. It may get passed tomorrow. As I'm talking right now, there's some back

0:36.8

and forth about the salt

0:37.6

deductions and all that drama. And there's a lot of problems with it. And we've talked

0:42.8

about a lot of the problems. The green news scam subsidies continuing not enough reform

0:49.7

with Medicaid. I think the salt gap is too high. But there's a lot of good things with it too. The main

0:55.3

headline is no tax on tips, no tax on overtime. That's what we spent the most time talking

0:59.9

about as well. No tax on tips got people really fired up. Adam in Connecticut called yesterday

1:05.4

and today. There's just a hilarious phone call. It's a classic, one of our best phone calls.

1:10.1

He told the story today. He thinks

1:11.8

it's unfair, right? He's the guy who yesterday said, if I'm making $100,000 in salary and my neighbor's

1:16.6

making $100,000 of tips, he doesn't get taxed and I do. That's not fair. And then today he called

1:22.9

and told the story about his wife forced him to go to Disney World and they had to buy this meal

1:27.9

plan where food instead of costing 500% as much as it should, it only cost 400% as much as it should.

1:33.5

And they went out to some buffet place and they had a forced gratuity of 20% to the waiter who didn't

1:38.8

do anything. He served himself. And he said, this is crazy. We paid the waiter $80 for an hour where he didn't do anything.

1:46.0

And I just looked around and saw all the money.

...

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