October 2, 2024

Business Insider: Trump’s Plan to Scrap Taxes on Tips and Overtime Could Reshape How Millions of Americans Get Paid

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Joe Hughes, a senior analyst on federal tax policy at the Institute on Taxation and Economic Policy, told BI that “you would need a lot of safeguards in place to keep this from being just another avenue for tax avoidance.”

He continued: “It’s at least applaudable that Trump says that he wants to help low-income workers. But I think that there are much better avenues to do that than exempting very specific types of income.”

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