So, how's this No Tax On Tips thing gonna go?

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• 00:01

  NPR we've heard a lot over the last several weeks about getting rid of taxes on tips, notably from Donald Trump.

• 00:18

  It's called no tax on tips.

• 00:21

  No tax on tips.

• 00:24

  And then Kamala Harris in her Nevada speech about a week and a half ago, taxes on tips for service and hospitality workers.

• 00:33

  But you know who doesn't agree with this policy?

• 00:35

  Economists.

• 00:36

  Yes, economists and tax experts like Howard Gleckman.

• 00:40

  It's a terrible idea.

• 00:42

  Howard is a senior fellow at the Urban Brookings Tax Policy Centre.

• 00:46

  And Waylon, shall we just go through some of the reasons why most economists hate this idea?

• 00:51

  Yes.

• 00:51

  Let us count the ways.

• 00:52

  All right.

• 00:53

  Unfairness, for one thing.

• 00:54

  Like why should a waiter get part of their income tax free?

• 00:58

  But the dishwasher in the back doesn't say a cashier at target.

• 01:02

  Also, more than one in three tipped workers already don't pay federal income taxes.

• 01:06

  They don't earn enough.

• 01:08

  People could also game the system.

• 01:10

  What's stopping a corporate lawyer from taking their fees as a gratuity?

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