The Trump administration is discussing a surprising option to help fulfill his campaign-trail promises: Allowing the richest Americans’ tax rates to rise in return for cutting taxes on tips, a senior White House official tells Axios.

  • empireOfLove2@lemmy.dbzer0.com
    link
    fedilink
    English
    arrow-up
    42
    ·
    5 days ago

    Here’s the carrot on a stick to get the working class to shut up for a couple extra months, do not believe for a second that this will ever come to fruition

    • imrighthere@lemmy.ca
      link
      fedilink
      English
      arrow-up
      15
      ·
      5 days ago

      Of course it won’t. The idea now is to get everyone to sit still for just a bit longer until they have both hands firmly around americas neck. And they will oblige.

  • barneypiccolo@lemm.ee
    link
    fedilink
    English
    arrow-up
    4
    ·
    4 days ago

    I’ve heard that the reason why the wealthy support this is because then executive compensation can be designated as tips, and then they won’t have to pay taxes.

    It sounds like the kind of fantasy that would make sense to them, blinded by their ferocious greed, without realizing that such a tax arrangement would come with strict rules about what constitutes a tip.