Congress Must Declare Tips

(Fort Knox) Members of the United States Congress must begin declaring tips as of January 2019 according to the Department of the Treasury and the Federal Reserve.

The action comes on the heels of voter complaints that a majority of elected officials are treated like royalty when they are simply rich and spoiled. Most Americans feel that the Congress equates to chaos, descending into an untouchable body that often views itself as above the law.

Tips that now must be acknowledged include gratuities, gifts, donations, offerings, favors, rewards, grants, dowries, entitlements, endowments, drafts, credits, bonds, consignments, and accumulated fiscal considerations. Livestock and theater/sports tickets were not on the primary list.

In the past it was easy to hide these embellishments and rationalize tips as part of the job but no more! Now all benefactors must declare their gifts thus dropping a bomb into many common loopholes. In addition members of the House and Senate must now pay for medical insurance, limos, flowers, haircuts, neckties, jewelry and fact-finding trips to the Caribbean in February.

It is not known what the taxable sum of these tips but experts are placing it at around $4 billion per year.

“The income derived from taxing their tips could pay for national health insurance, physical infrastructure, better public education and school lunches for underprivileged children,” said Omar “Twenty” Percente, the Maryland accountant who is credited with originating what he calls the Just Deserts Petition after watching Congressmen take unfair license and claim countless concessions not nailed down by vague and vaporous laws.

“The termination of this theft should help level the playing field,” he explained. “In the future we might see fewer politicians entering the power arena in hopes of striking it rich at the expense of the American citizen.

Percente’s only regret is that he should have pressed the Treasury Department to render the shake-up retroactive to 1782. Then maybe we’d see a few honest politicians, at least until they figure a way around this recent action.

– Rex Mantaleone

Filed Under: Lifestyles at Risk

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