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Trump wants to kill tax on tips. That could save Americans over $100 billion over the next decade—but experts warn it’ll make tipping culture so much worse

Fortune LogoFortune1w ago

Trump wants to kill tax on tips. That could save Americans over $100 billion over the next decade—but experts warn it’ll make tipping culture so much worse - Fortune

Quick Summary:

Waiters, valets, and baristas: Think you'll be better off now that Trump wants to kill tax on tips? Think again.

Nearly 9 in 10 Americans think tipping culture is out of hand, according to a recent survey from WalletHub.

Eliminating taxes on tips might have more of an impact on non-tipped workers.

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Trump wants to kill tax on tips. That could save Americans over $100 billion over the next decade—but experts warn it’ll make tipping culture so much worse - Fortune (Picture 1)

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Article Details

Author / Journalist: Preston Fore

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 17:02:03 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 583 words

Reading Time: 4 minutes read

Sentences: 7 lines

Sentence Length: 84 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27196174

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About Fortune

Fortune Logo

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 25 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

Publisher Details

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The story "Trump wants to kill tax on tips. That could save Americans over $100 billion over the next decade—but experts warn it’ll make tipping culture so much worse" has 583 words across 7 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Trump wants to kill tax on tips. That could save Americans over $100 billion over the next decade—but experts warn it’ll make tipping culture so much worse" was covered 1 weeks ago by Fortune, a news publisher based in United States.

How trustworthy is 'Fortune' news outlet?

Fortune is a fully independent (privately-owned) news outlet established in 1929 that covers mostly economy and business news.

The outlet is headquartered in United States and publishes an average of 25 news stories per day.

It's most recent story was published 8 hours ago.

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The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #27196174
  • URL: https://chronographically.beamstart.com/news/trump-wants-to-kill-tax-17424906407155

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