Plus, assassination misinformation, and innovation in rural America.
What the ‘no taxes on tips’ approach gets wrong Both Kamala Harris and Donald Trump support exempting tips from federal taxes, much to the chagrin of economists across the ideological spectrum. Despite the various challenges with this idea, the proposal opens the door for discussing better ways to organize taxes and help low-income workers, say Ian Berlin and William G. Gale. | A key point “Only 5% of workers in the bottom earnings quartile earn tips and could possibly benefit from the proposal.” — Ian Berlin and William G. Gale |
More research and commentary Why is assassination misinformation so popular? Dating back to the John F. Kennedy shooting, assassinations and assassination attempts have sparked misinformation, disinformation, propaganda, and wild conspiracy theories. Darrell M. West argues that until people learn how to evaluate digital sources, the United States will continue to be plagued by blatant lies and false narratives that turn people against one another. Innovation is part of rural America’s DNA. Innovation and entrepreneurship are fundamental to America’s national identity, yet they are commonly associated with big cities and areas like Silicon Valley. On a new episode of the Reimagine Rural podcast, Tony Pipa hears from entrepreneurs who have created ventures to bring the digital economy, affordable housing, and child care to rural places. | About Brookings The Brookings Institution is a nonprofit organization based in Washington, D.C. Our mission is to conduct in-depth, nonpartisan research to improve policy and governance at local, national, and global levels. If you were forwarded this email, sign up for the Brookings Brief to stay updated on our latest work. | The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars. | |