PBS News Hour

Economists explain hidden downfalls of ending taxes on tips

Tax cuts and credits have been a popular theme during this campaign. Both candidates have also proposed several tax breaks and have not always explained how to pay for them. That's true of one idea former President Trump and Vice President Harris support: no taxes on tips. Economics correspondent Paul Solman looks at what's behind the proposal and some concerns around it.

Economists explain hidden downfalls of ending taxes on tips

8m 11s

  • November 21, 2024 - PBS News Hour full episode: asset-mezzanine-16x9

    November 21, 2024 - PBS News Hour full episode

    S2024 E327 - 56m 41s

    Thursday on the News Hour, Matt Gaetz drops his bid to serve as Trump's attorney general after failing to quell concerns about sex trafficking allegations. The International Criminal Court issues arrest warrants for Israel's prime minister, its former defense minister and Hamas' military chief for crimes committed in Gaza. Plus, Sen. Sherrod Brown discusses the future of the Democratic Party.

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