Candidates Should Stop Pushing Special Tax Carveouts

Adam Michel, a tax policy expert, dives into the murky waters of special tax benefits proposed by presidential candidates like Harris and Trump. He argues that eliminating taxes on tips and Social Security may look appealing but could undermine a fair tax system. Michel emphasizes the importance of broad tax bases and warns against creating loopholes that favor specific groups. He also touches on the complexities of these proposals and their potential impacts on the Social Security Trust Fund, urging a more equitable approach to tax reform.