Harris on 'no tax on tips'

As the 2024 presidential race intensifies, Vice President Kamala Harris and former President Donald Trump are emphasizing their economic proposals, particularly concerning the elimination of federal taxes on tips for service workers. Trump has criticized the Biden-Harris administration for inflation and promotes his plan to remove taxes on tips, though economic experts caution that such a proposal could create inequities and be challenging to implement. Harris has adopted a similar stance, framing her economic agenda around tax credits for families and raising the minimum wage, while also facing scrutiny for seemingly borrowing Trump's idea. The Trump campaign has accused Harris of lacking originality, calling her a 'copycat' for her alignment with his tax proposal. Both candidates aim to appeal to the service industry, with approximately 4 million Americans working in tipped positions. Despite their shared proposal, neither campaign has yet released detailed legislative plans, and experts worry about the implications of such tax reforms.