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Yes. Two issues, really. First, high wealth individuals could accept "tips" to get paid millions without any tax. And you could "tip" a Congressperson and it wo
by PeterCorless 2y ago
Yes. Two issues, really. First, high wealth individuals could accept "tips" to get paid millions without any tax. And you could "tip" a Congressperson and it would not be called a bribe.
https://www.americanprogress.org/article/sen-ted-cruzs-no-tax-on-tips-act-does-little-for-low-and-moderate-wage-workers-but-opens-door-to-tax-abuse-by-wealthy/ https://www.americanprogress.org/article/sen-ted-cruzs-no-ta...
https://www.skadden.com/insights/publications/2024/07/us-supreme-court-holds-that-federal-bribery-law-does-not-criminalize-gratuities https://www.skadden.com/insights/publications/2024/07/us-sup...