Biden Backs Legislation to Eliminate Taxes on Tipped Wages
Biden Supports Ending Taxes on Tipped Wages
President Biden would "absolutely" sign legislation to eliminate taxes on tipped wages if it reached his desk, according to the White House. This policy was first proposed by former President Trump and has gained traction following statements from Vice President Harris.
Support for Working Families
- Biden's Commitment: Press Secretary Karine Jean-Pierre emphasized that the president's support for this move aligns with his administration's focus on building the economy from the bottom up.
- Trump's Influence: The proposal came into the spotlight after Trump's rally in Nevada, where he initially suggested eliminating these taxes.
- Concerns Raised: Critics express fears that this measure could exacerbate national debt and enable the wealthy to exploit the tax code.
Harris assured rally attendees in Las Vegas that she would continue to fight for the working class by supporting this legislative change and raising minimum wage. However, her support has drawn criticism from Trump, who accuses Harris of appropriating his ideas for political gain.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.