Kamala Harris Adopts Trump's Tax Policy on Tipped Income
Both candidates propose ending federal taxation on tips, sparking debate on economic equity and long-term impacts.
- Harris and Trump both advocate for exempting tipped income from federal taxes, a rare policy overlap.
- Critics argue the policy could lead to tax avoidance by the wealthy and reduced Social Security benefits for workers.
- The proposal aims to support low-wage service workers but may have unintended negative consequences.
- Harris' broader economic plan includes potential increases in minimum wage and corporate taxes.
- Trump's economic policies also focus on tariffs, corporate tax cuts, and increased fossil fuel production.