Congressman Ron Paul (R-TX) Supports:
; Exemptions from payroll & income taxes for tips ; Phasing out the IRS and the Federal Reserve ; Privacy and Personal Liberties
; An Anti-Interventionist Foreign Policy
; Ending the ‘War on Drugs’
; An opt-out option from Social Security
; American Sovereignty
; Reducing Federal Spending
; Free Market Health Care
; Ending Federal Subsiding of Oil Corporations ; Local Government by the States
; The United States of America Constitution
How to Help? Want to learn more?
Register as Republican and
Vote in the primary www.RonPaul2008.com
Join us in campaigning at:
http://RonPaul.Meetup.com (877) Ron-2008
Donate - RonPaul2008.com [(877) 766-2008]
Introducing the Tax Free Tips Act
Ron Paul Speech to Congress
September 25, 2007
“Madam Speaker, I rise to help millions of working Americans by introducing the Tax Free Tips Act (H.R.3664).
As the title suggests, this legislation makes tips exempt from federal income and payroll taxes. Tips often
compose a substantial portion of the earnings of waiters, waitresses, and other service-sector employees. However, unlike regular wages, a service-sector employee usually has no guarantee of, or legal right to, a tip. Instead, the amount of a tip usually depends on how well an employee satisfies a client. Since the amount of taxes one pays increases along with the size of tip, taxing tips punishes workers for doing a superior job!
Many service-sector employees are young people trying to make money to pay for their education, or single parents struggling to provide for their children. Oftentimes, these workers work two jobs in hopes of making a better life for themselves and their families. The Tax Free Tips Act gives these hard-working Americans an immediate pay raise. People may use this pay raise to devote more resources to their children's, or their own, education, or to save for a home, retirement, or to start their own businesses.
Helping Americans improve themselves by reducing their taxes will make our country stronger. I, therefore, hope all my colleagues will join me in cosponsoring the Tax Free Tips Act.”
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
That is a bill introduced on 9/25/2007 by Republican Presidential Candidate Ron Paul: The man for the people. If you ever had any doubts about who was the man who would protect the people and not the special interests, this should alleviate them. Ron Paul has legislation on the table right now that would exempt tips (gifts) from the Income Tax that taxes wages. Finally, someone who understands how hard these folks work for their money and how tips are not usually required and are based on how well a person does their job. Tips are gifts; they are given when people please others. Most people in service industries don't even make minimum wage (they are exempted out because they get tips), then to add insult to injury, the IRS usually determines ahead of time just how much they should be making and taxes them accordingly whether they make that much in tips or not.
Service folks, you have a shot at being able to keep your money with no fear that the IRS will be looking over your shoulder. Vote for the greatest man of our time: Ron Paul. He needs your help as well. This bill will not
pass without a fight. Please everyone, call your congressmen and tell them you support the Tax Free Tips Act!
As soon as you are done with that, run, to vote in the Republican Primary so you can vote for this man for President.
If you’re not registered to vote, register now! He is supporting you. Now it is time for you to support him!
Pass this on!!!! Post this in the kitchen, break room, etc. Tell everyone you know. But you must call Congress
about this. Call them, write them, email them. Get busy. You have just been handed one of the greatest
gifts of your lifetime. Don't blow it! You can look up your Representative online by going to
http://www.house.gov/writerep/ or calling the US House switchboard at (202) 224-3121. It has not been
introduced yet in the Senate, but when it is, you will need to contact them