Will taxing tips help or hurt the service industry? | CNN Business

Both Harris and Trump endorsed the elimination of taxing tips while out on the campaign trail. About 4 million workers relied on earning tips last year. Michael Smerconish speaks with Steven Rosenthal, a senior fellow at the Urban-Brookings Tax Policy Center about how eliminating taxes for tips is good politics but bad policy.

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Urban Birds Are Harboring Antibiotic-Resistant Bacteria

This story originally appeared in The Guardian and is part of the Climate Desk collaboration.Urban ducks and crows might offer us a connection to...

The Run of Record-Breaking Heat Has Ended, for Now

THIS ARTICLE IS republished from The Conversation under a Creative Commons license.A 13-month streak of record-breaking global warmth has ended.From June 2023 until June...

The NAR settlement comes into effect today: Here’s what changing and why | CNN Business

CNN  —  On Saturday, a new set of rules governing how most real estate professionals do business in...