A Tip Exemption Is Not Sound Tax Policy

A Tip Exemption Is Not Sound Tax Policy

Earlier this week, Vice President Kamala Harris, campaigning in Nevada, endorsed exempting tips from the individual income tax. This follows former President Donald Trump’s proposal last month to do the same.

Trump Talks Taxes and Tariffs

Trump Talks Taxes and Tariffs

Former President Trump trotted through Washington last week leaving a trail of policy proposals behind him. Two revenue proposals are worth noting.

Beware the Baseline Manipulator

Beware the Baseline Manipulator

Over at the Daily Caller, JD Foster recently took aim at an article I wrote about the impending expiration of major provisions of the Tax Cuts and Jobs Act of 2017 (TCJA) on December 31, 2025.

The Next Tax Fight: SALT

The Next Tax Fight: SALT

Much ink has been spilled either criticizing or praising the bipartisan, bicameral Wyden-Smith tax deal. The bill makes many retroactive and mostly temporary changes, when sound tax policy should generally be prospective and permanent.