
Andrew Duehren
Articles
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3 weeks ago |
nytimes.com | Andrew Duehren |Alicia Parlapiano
There's no question that President Trump's proposal to stop taxing tips has broad appeal. It's popular in polling, lawmakers in both parties support it, and now a version of the idea is on its way to becoming law. But the effect of the policy would actually be quite narrow. About 3 percent of American workers receive tips, but about a third of those employees would not see a gain from the change.
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1 month ago |
nytimes.com | Ken Belson |Lauren Hirsch |Andrew Duehren
The legislation cuts in half a tax write-off potentially worth hundreds of millions to some professional sports team owners. Tucked in the domestic policy bill advanced by House Republicans last week is a change to the tax code that could potentially cool the current frenzy among the very wealthy to own professional sports teams.
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