No tax on tips is a net positive: Carl Sobocinski
Carl Sobocinski, President of Table 301 Restaurant Group, discusses the potential economic benefits of eliminating taxes on tips as part of a proposal associated with former President Trump. He argues that this approach can be a positive change for both consumers and service industry workers, encouraging more tipping and benefiting restaurant businesses overall.
Stock Forecasts
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GTY
Positive
GTY (Getty Realty Corp.) may benefit as more individuals dine out due to increased spending power from tipped income not being taxed, enhancing restaurant sales and property occupancy rates.
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Table 301 Restaurant Group President and owner Carl Sobocinski discusses Trump's 'no tax on tips' plan on 'Cavtuo: Coast to Coast.'