If re-elected, former President Donald Trump announced on Sunday that his administration would eliminate taxes for workers who get tips.
Donald Trump Promises to Eliminate Tax on Income Earned From Tips
According to Forbes, Donald Trump, at a campaign rally in Las Vegas, said this change would benefit hotel and restaurant workers, who rely heavily on tips for their earnings.
This was Trump's first public appearance since he was convicted on 34 felony charges of falsifying business records. Trump noted that one of his administration's first actions would be to amend federal tax laws concerning tipped income.
How Will Donald Trump Implement This Change?
Donald Trump acknowledged that the taxation of tips has long been a contentious issue, arguing that workers who earn tips should be exempt from federal taxes on this additional income.
"When I get into office... Those people who have jobs in restaurants, whatever the job may be, a tipping job, we aren't going after for taxes anymore," the former president said, as Forbes reported.
However, he did not elaborate on the specifics of his plan. The lack of specific details in Trump's proposal leaves many questions unanswered, and representatives from his campaign have yet to provide further information.
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