Trump and Harris agree on “no tax on tips.” They’re both wrong

Why is Wolfspeed facing bankruptcy fears? How did Trump's tariffs impact Target's sales? What is OpenAI's $6.5B deal with Jony Ive? Why did US 20-year bond yields spike recently? How is Google expanding AI in search? What caused Dow's recent sharp decline? Why did the Senate pass the no tax on tips bill? How are retail companies managing tariff costs? What impact do US-China chip export curbs have?

Trump and Harris agree on “no tax on tips.” They’re both wrong

vox.com/policy/366680/no-tax-on-tips-trump-harris-subminimum-wage

Both Trump and Harris have promised to eliminate tax on tips. But experts say it’s a bad idea. | Stefani Reynolds / AFP via Getty Images
Editor’s note, May 21, 2025, at 9:50 am ET: The Senate has unanimously passed the “no tax on tips” bill. The bill will now head to the House. This…

This story appeared on vox.com, 2025-05-21 13:50:00.