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#434 No Tax on Tips

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Content provided by The FAIRtax Guys. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The FAIRtax Guys or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Kamala Harris has picked up on Donald Trump’s idea of exempting tips from the income tax. Clearly, both candidates are trying to woo votes from workers in the service industries who rely on tips for their living. But what happens if you carry that idea even farther and stop taxing income altogether?
This week the FAIRtax Guys examine an article published on fairtax.org detailing what happens to the economy if we switch from taxing income to taxing consumption. Here’s a hint: The economy takes off like wildfire.
  continue reading

461 episoade

Artwork
iconDistribuie
 
Manage episode 435346939 series 1172309
Content provided by The FAIRtax Guys. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The FAIRtax Guys or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Kamala Harris has picked up on Donald Trump’s idea of exempting tips from the income tax. Clearly, both candidates are trying to woo votes from workers in the service industries who rely on tips for their living. But what happens if you carry that idea even farther and stop taxing income altogether?
This week the FAIRtax Guys examine an article published on fairtax.org detailing what happens to the economy if we switch from taxing income to taxing consumption. Here’s a hint: The economy takes off like wildfire.
  continue reading

461 episoade

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