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Harris Calls for No Taxes on Tips, Borrowing a Trump Idea.
- Source :
-
Wall Street Journal - Online Edition . 8/12/2024, pN.PAG-N.PAG. 1p. - Publication Year :
- 2024
-
Abstract
- Vice President Kamala Harris has called for the elimination of taxes on tips, a policy idea previously proposed by Republican nominee Donald Trump. Harris made the announcement during a rally in Las Vegas, where she is seeking support from service workers. The proposal could be popular in Nevada, a swing state with a significant service industry workforce. Trump accused Harris of copying his plan, while the Culinary Workers Union initially opposed Trump's proposal but now supports the general idea. Implementing changes to the taxation of tips would require approval from Congress and could have implications for federal income-tax revenue and programs like Social Security and Medicare. [Extracted from the article]
Details
- Language :
- English
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Online Edition
- Publication Type :
- News
- Accession number :
- 178944463