Trump tax tips clash with Nevada waitress encounter debates
The Chicago Tribune weighs Trump’s plan to end tax on tips against its economic impact citing 300,000 Las Vegas hospitality workers. It argues tipping tax removal risks erasing boundaries between wages and tips, raises treasury losses, and could lead to broader misclassification of income, while evaluating Social Security and corporate tax rate changes and overall revenue effects.
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Tax Foundation
Hoenig says cheap money risks and Fed balance sheet bloat
George Will summarizes Thomas Hoenig critique of prolonged low rates, the Fed's expanded balance sheet, and the risk of unstable markets. He notes how political pressures and emergency signals shape policy during election years and recent bank stress, urging patience as inflation falls toward 2 percent.
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Washington Post
George Will
Georgewill
Washpost.com
Voting rights eroded by fifth circuit ruling
Bloomberg Opinion columnist Noah Feldman analyzes the Fifth Circuit’s ruling narrowing protections under the Voting Rights Act. The decision limits Section 2 claims to single racial classes, potentially dissolving cross‑racial coalitions like Black and Hispanic voters and aligning with a gradual conservative strategy to weaken voting rights without broad backlash.
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