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Hey,
did I understand that correctly? Waiters have to pay 8% of their _SALES_ as income taxes??! What kind of crap is that? Just because they get tipps and the gov does not know how much they get?!
Thats just scary!
I am wondering why waiters get paid so little in the US anyway. In germany for example they might not got LOADS of money, but they get enough to not require 15% or 20% tips to survive! And all the restaurants still make good money, and they are NOT more expensive!
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"Think about it a little more and you'll agree with me, because you're smart and I'm right."
- Charlie Munger
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