If tips are no longer taxed, does that mean that they no longer count towards medicare, sick pay, pensions and such?

Sadly, like Steve Buscemi, I'm going to have to look like an asshole to stand up for my principles. Mostly it means I'm not going to eat out.

I’m going to start tipping 10% now, if I get yelled at by waitstaff I’ll mention the tax break and explain they’re receiving the same tip as they would’ve received prior to the tax break. I’m sick of being shaken down everywhere I go for tip money. I suspect I’m not the only one who will be modifying my tipping behavior.

I personally thought tax-free tips is a fine idea. Who are we kidding ourselves? Where do all those cash tips go? Not on the tax return, that's for sure.