vpFREE2 Forums

LVA Question of the Day - 9 MAY 2008

Any employee who receives a tip with scorn is a fool as $20 is better than $0. I wouldn't penalize others as they probably would be grateful. I am sure there are employees who well realize, and may have witnessed all the money you put in that machine until u hit that Royal and also realize that it may have adverse tax consequences to you. To explain if I win a $1,000 royal and in the same session
I spend $500 getting it I have $500 of income to report. If I get a hand pay of $2,000 costing me $1500 to win it, unless I want to attach a long explanation with my return (which I have seen advocated on some posts) the W2-G's increase my AGI which has tax consequences (such as not being eligible for the stimulus payment as an example) and pushing me above the level of AGI to deduct IRA's, tuition tax credits, etc thus to get back to the main point: The employee should be courteous in accepting what you have to offer, even if the tip should be higher. You might hit another royal that day and as you are better off now, may be able to afford being more generous. This employee has effectively cut off that tip as well. But I would never assume (assume = ass u me) that the next employee will be scornful as well.

Cogno Scienti <cognoscienti@gmail.com> wrote: <<I don't see it the same as you do. I believe that tips are a part of
casino employees income not charity.
I do not mind tipping casino employees on hand pays (generally 1%) and
beleive that my tips are appreciated.>>

A lot of people share your viewpoint, and I'm happy they do. The less the
casinos have to spend to pay their workers, the more they can spend on me.
But I think it's nuts to hand over $1000 on a $100,000 royal just because
they appreciate it. And the $20 I would be happy to tip is received with
scorn. So I don't tip.
Cogno

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