
July 27, 2024
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6:17Now PlayingDonald Trump gets exposed for being a massive con-man after new report proves one of Trump's key promises against taxes on tips is actually a "hollow promise" without serious benefits to workers at all. Jordan Uhl and Sharon Reed break it down on The Damage Report.
Read more here:
Report Exposes Trump Proposal to Stop Taxing Tips as 'Hollow Promise'
"Most U.S. workers who rely on tips to supplement their often meager incomes would see no benefits from a tax exemption proposed by former President Donald Trump that the authors of a report published Tuesday called a "hollow promise."
The report—published by One Fair Wage and the Food Labor Research Center at the University of California, Berkeley—details how the proposal by Trump, the Republican nominee for president, and Sen. Ted Cruz's (R-Texas) related No Tax on Tips Act would deliver little relief to tipped workers.
According to One Fair Wage, "66% of tipped restaurant workers would not benefit from tax exemptions on tips because they or their households do not earn enough to pay income taxes.""
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