Election Marks New Low for Fiscal Fakery: Michael R. Bloomberg

Oct. 10, 2024, 9:00 AM UTC

Pandering for votes is standard practice in election campaigns. But the tax-policy proposals on offer during this presidential contest are setting new standards for shamelessness.

The purest example of this bipartisan trait is a plan to exempt tips from income tax. Donald Trump raised the idea in June, then Kamala Harris joined him when she entered the race. Both made their pitch in Nevada, a battleground state, where about 5% of workers get some income from tips (the national average is 2%). President Joe Biden won there by 34,000 votes in 2020, so winning over some of its 350,000 hospitality ...

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