On a corporate level it doesn't really matter as you're only taxed on your profits/losses. If we do a service swap ultimately it's just adding a revenue item with a matching loss, and these are infact quantified.
As an individual interestingly it does matter because services received for free are considered taxable income (but businesses are not taxed on their income).
> If you do the work but undervalue it, it's likely tax fraud.
A company can value it's services as it chooses. If the work is performed for $1 or $5000 the government doesn't get a say in that.
> you do the work but overvalue it, it's likely investor fraud.
Quite possibly. Assuming this was done with the intention of misrepresenting your revenue and gaining investment.
>The vendor may have been chosen not by merit, but by its willingness to accept an exchange of services. Saying you have $X in revenue implies you won that revenue by merit.
Vendors are chosen all the time because of their willingness to accept specific payment terms and a whole bunch of non-merit pipelines via family, via golf course deals etc.
> I don't know any Europeans who'd prefer to have American healthcare.
Selfishly I think my American healthcare is better than anything I ever had in the UK. I can see a doctor within 2 weeks even a specialist, I can actually get a sleep study, my doctor will actually listen to me rather than tell me I'm just getting old, go home and take an ibuprofen.
I'd take issue with your price point but agree with the sentiment
I've seen victorinox fibrox knives in Michelin Star kitchens, they get the job done and are very reasonably priced ($60 for a chef's knife).
Admittedly the knives I have at home are significantly more expensive largely because the knives I have at home are on display so I want something that looks good and I actually enjoy using them.
On one level it's a little silly but then on another level people spend thousands on art/sculptures which has no useful purpose.
I never tip before receiving the service. Always hit zero. It feels a bit weird to begin with but you get used to it and i've not been treated any differently. A tip is generally not required for coffee or to-go/counter service.
> In America, at least in restaurants, employers are allowed to pay a lower minimum wage to tipped employees. So tips are an essential part of a servers compensation and should not be considered optional.
This actually varies state by state. In Alaska, California, Minnesota, Montana, Nevada, Oregon, and Washington the minimum wage does not change tipped vs non-tipped. Also in other states if the pay after tips do not meet the state minimum wage the employer is required to make up this difference.
If you actually look at the data tipped employees make significantly more vs median income in countries with tipping than without.
> If you can't afford that, then you can't afford to eat out, choose a different option.
I think this works if we're talking about a full restaurant, If we're talking about a mostly empty restaurant then even a 5% tip is money that the server would have not otherwise had, pretty certain they'd choose more money over less.
Existing police officers do not want this.