Thanks for admitting that their tips are tax free. Itemization has been a tax filing process for at least the last 75 years. Try again.
As an itemizer, I agree. Then again, I know the routine. Most waiters and waitresses who do their job on a temporary basis do not. It means careful accounting of each transaction....hard to do when you have 20-25 transactions a night over 250-300 work nights. But hey..these are just facts. Don’t let that interrupt your silly tirade.
Biden should have, essentially, erased everything Trump did. I agree with you. Hopefully the next Democrat to run for President will put that in their platform.
WASHINGTON (AP) — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in record income from President Donald Trump’s tariffs, according to Treasury Department data released Tuesday.
US July budget deficit up 20% year-over-year despite record Trump tariff income
The U.S. has seen a record increase in tariff income, with a 273% rise in customs revenue from last year.apnews.com
The U.S. saw a 273% increase — or $21 billion — in customs revenue in July over the same period last year, the data showed.
A Treasury official who spoke on the condition of anonymity to preview the data said overall increased spending is in part due to a mix of expenditures, including growing interest payments on the public debt and cost-of-living increases to Social Security payouts, among other costs. This comes as the federal government’s gross national debt creeps up to the $37 trillion mark.
Nobel winning economists warned this would happen. Trump ignored the warning. The U.S. Economy pays the price.
They’re not going to be able to use 1040EZ any more?
so? Doesn't mean they have to itemize, it just means they have another form to fill out
Shop.
That is because previous spending done by Congress over the years. The Treasury official said it was growing interest payments on public debt which is a good portion of the increase, Social security going up due to the cost of living increases because of inflation in 2024. This trend is going to continue, we just passed another bill that added to debt and that has yet to kick in.WASHINGTON (AP) — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in record income from President Donald Trump’s tariffs, according to Treasury Department data released Tuesday.
US July budget deficit up 20% year-over-year despite record Trump tariff income
The U.S. has seen a record increase in tariff income, with a 273% rise in customs revenue from last year.
The U.S. saw a 273% increase — or $21 billion — in customs revenue in July over the same period last year, the data showed.
A Treasury official who spoke on the condition of anonymity to preview the data said overall increased spending is in part due to a mix of expenditures, including growing interest payments on the public debt and cost-of-living increases to Social Security payouts, among other costs. This comes as the federal government’s gross national debt creeps up to the $37 trillion mark.
Nobel winning economists warned this would happen. Trump ignored the warning. The U.S. Economy pays the price.
They better report something, red flags start flying all over the place in the IRS computers at tax time.
You're argument is that they have to handle their own personal finances and that is just being a big meanie to them? Seriously?
I think you meant “your” there, genius.
Or implement the DOGE cuts
1. Trump's tariffs are new revenue, it is the reason for any surplus
Biden's budget was not passed last year for this year. Republicans controlled both the house and senate?....it was their budget or continuing resolution....they did not pass Biden's budget request.
