Cash/Checks vs. Cards at Restaurants

[TiltonBB]

Originally Posted by kawishiwi

You should go out & eat at restaurant using a credit card tonight! They have the whole tip thing figured out!
I carry a cash buffer for the gas dock tip & the occasional food stand. Though even food trucks and such usually take cards now.
Cash for independent service providers is one of few good reasons for cash as TiltonBB mentions. Fishing guides LOVE cash.
.
Cash is just so...last century.

It is not that I can't do the math, but I have never tipped in a restaurant with a credit card. It's the same with many services where a gratuity is appropriate. When you tip using a credit card the employee is taxed on that income so depending upon their income bracket they may only get 75% of the tip.

Almost everyone prefers cash as a method of payment. That means your waiter, landscaper, boat maintenance company, car mechanic, coffee shop, ice cream stand, bartender. Everyone.

[baygo]

Originally Posted by TiltonBB

It is not that I can't do the math, but I have never tipped in a restaurant with a credit card. It's the same with many services where a gratuity is appropriate. When you tip using a credit card the employee is taxed on that income so depending upon their income bracket they may only get 75% of the tip.

Almost everyone prefers cash as a method of payment. That means your waiter, landscaper, boat maintenance company, car mechanic, coffee shop, ice cream stand, bartender. Everyone.

So you are encouraging/enabling tax evasion?

Then there is also the understanding for currency vs money.
https://m.youtube.com/watch?v=aXiNZW...ature=youtu.be

[JADAQ]

Cash, I don’t carry it. Period.

As I posted on another thread, a restaurant has forever lost my business until they take plastic. Heard the food is good, I wouldn’t know...

This is the 21st century, step into it... I can use a card on a soda machine for a $1.85 purchase without issue but a restaurant where I’m going to drop $50+ can’t suck up 3%???!!

There is a Gilford car repair garage that gives a generous cash discount, repair cost $1850 and we paid $1600 cash, one of the few times I’ll ever go to the bank!

Checks, yup still write them every month for rent.

[baygo]

Originally Posted by JADAQ

Cash, I don’t carry it. Period.

As I posted on another thread, a restaurant has forever lost my business until they take plastic. Heard the food is good, I wouldn’t know...

This is the 21st century, step into it... I can use a card on a soda machine for a $1.85 purchase without issue but a restaurant where I’m going to drop $50+ can’t suck up 3%???!!

There is a Gilford car repair garage that gives a generous cash discount, repair cost $1850 and we paid $1600 cash, one of the few times I’ll ever go to the bank!

Checks, yup still write them every month for rent.

I remember buying a soda from a machine for $.15

Who’s aware of why we get less for our money today? Currency vs money https://m.youtube.com/watch?v=aXiNZW...ature=youtu.be

[TiltonBB]

Originally Posted by baygo

So you are encouraging/enabling tax evasion?

Then there is also the understanding for currency vs money.
https://m.youtube.com/watch?v=aXiNZW...ature=youtu.be

Did you ever take food or supplies home from your restaurant without paying for it? Your business deducts the cost of supplies but when you convert them to personal use that is taxable. Just askin'

Yes, I am an enabler, and proud of it. I do believe that people should pay their fair share but I also believe that the government takes way more than a fair share.

When Al Sharpton pays his fair share, when all the government waste, welfare fraud, absurd federal pensions Etc, Etc., Etc. are eliminated maybe it will get closer to a "fair share". Until then, I don't blame anyone for trying to "beat the system" and if my cash contribution helps them I'm OK with that.

[baygo]

Originally Posted by TiltonBB

Did you ever take food or supplies home from your restaurant without paying for it? Your business deducts the cost of supplies but when you convert them to personal use that is taxable. Just askin'

Yes, I am an enabler, and proud of it. I do believe that people should pay their fair share but I also believe that the government takes way more than a fair share.

When Al Sharpton pays his fair share, when all the government waste, welfare fraud, absurd federal pensions Etc, Etc., Etc. are eliminated maybe it will get closer to a "fair share". Until then, I don't blame anyone for trying to "beat the system" and if my cash contribution helps them I'm OK with that.

Visit the link I posted. You will learn how the government is enabled to do exactly as you state.