Episode Details
Back to Episodes
UBS On-Air: Paul Donovan Daily Audio 'Taxes or tips?'
Published 1 year ago
Description
US President-elect Trump has been posting on social media in support of a single budget bill through Congress. A single bill might take longer to pass, delaying policy implementation. Trump advocated taxing US consumers of foreign goods to pay for an abolition of taxes on tips. (Tipping has been a hidden inflation force in the US, raising the cost of services without being recorded in inflation data).