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Revision as of 15:30, 10 April 2025
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In fact, this column was inspired by a new transfer pricing York Times article that ran last week, arguing that generous tipping "is a technique that is guaranteed to keep no effect on your provider." (1) Then why does the person being tipped pay tax?
I hardly have to tell you that states and the federal government are having budget matters. I am not advocating a political view over left right. Information are there for everyone to determine. The Great Recession has spurred the government to spend to look to get away from it rightly or mistakenly. The annual deficit for 2009 was 1.5 trillion dollars as well as the national debts are now only about $13 billion. With 60 trillion dollars in unfunded liabilities coming due in the next thirty years, the government needs some money. If anything, the states are in worse design. It is not rather picture.
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