So, how's this No Tax On Tips thing gonna go?

NPR | By Darian Woods,

Wailin Wong, Angel Carreras, Kate Concannon

Published August 20, 2024 at 7:22 PM EDT

By now, you've probably heard a lot from both presidential nominees about getting rid of taxes on tips.

The idea may sound good on first go, but it has its detractors, namely economists and tax experts. Their fears include unfairness and people gaming the system.

On today's episode, how to put in place guardrails for a policy that many economists believe is likely to go off the rails.

Related episode:
Why Americans Can't Quit Tipping

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Darian Woods

Darian Woods is a co-host of The Indicator from Planet Money.

See stories by Darian Woods

Wailin Wong

Wailin Wong is a co-host of The Indicator from Planet Money.

Angel Carreras

Angel Carreras is an assistant producer for The Indicator from Planet Money. He is a Bakersfield-raised, Cal State Long Beach graduate. He previously worked at KCRW, the NPR member station in Los Angeles. He has produced award-winning and character-driven work, with subjects that have included masked puppeteers, mutual aid groups, and community activists.

Kate Concannon

Kate Concannon is the Supervising Senior Editor at The Indicator from Planet Money. She leads this small, collaborative team of hosts, reporters and producers in making sense of crucial, but often complex and confusing, economic news in just 10 minutes a day.

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