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Harris Calls for No Taxes on Tips, Borrowing a Trump Idea.

Authors :
Hughes, Siobhan
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