THE PROPOSAL: Exempt tips from taxation.
RATIONALE: This is a progressive measure intended to provide relief to poor workers in service industries. The existing regulations are difficult to enforce in any event.
REBUTTAL: Income is income. Why should service providers get better treatment than manufacturing workers? Most genuinely poor workers don’t make enough money to pay income taxes, anyway. If the regulation isn’t written carefully, lawyers and doctors will soon be working for tips.
ANALYSIS: Most GOP members of Congress won’t like this one, but Trump was very vocal about it, and Harris agreed with him. That means it has a chance.
PROGNOSIS: There is a long and hot debate, but the proposal ultimately fails.