Harris and Trump Propose Tax Cuts on Tips

In a surprising turn, both Vice President Kamala Harris and former President Donald Trump have proposed eliminating taxes on tips, a move that could neutralize any potential advantage Trump might have gained from the idea. Harris is expected to detail her economic policies soon, focusing on lowering costs for middle-class families and addressing corporate price-gouging, while recent polling shows she has eclipsed Trump in voter trust regarding economic management. Despite ongoing concerns about inflation and economic performance, voters largely blame corporate practices rather than Democratic policies for price increases. Harris, attempting to establish her own policy identity, has adopted some of Trump's proposals while still planning to unveil her distinct platform and goals. Financial experts note that while their overall ideologies differ, both candidates share some common ground on the need to enhance America's economic competitiveness. As both campaigns ramp up their rhetoric, the economic landscape remains a critical issue for voters leading up to the election.