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

STEFANI REYNOLDS
/
AFP via Getty Images

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

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org

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Darian Woods is a reporter and producer for The Indicator from Planet Money. He blends economics, journalism, and an ear for audio to tell stories that explain the global economy. He's reported on the time the world got together and solved a climate crisis, vaccine intellectual property explained through cake baking, and how Kit Kat bars reveal hidden economic forces.
Wailin Wong
Wailin Wong is a long-time business and economics journalist who's reported from a Chilean mountaintop, an embalming fluid factory and lots of places in between. She is a host of The Indicator from Planet Money. Previously, she launched and co-hosted two branded podcasts for a software company and covered tech and startups for the Chicago Tribune. Wailin started her career as a correspondent for Dow Jones Newswires in Buenos Aires. In her spare time, she plays violin in one of the oldest community orchestras in the U.S.
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.