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#trump #taxcuts #socialsecurity On the campaign trail and in his first speech to Congress this year, Donald Trump promised no taxes on tips, overtime or Social Security. Each of these is a colossally bad idea that will benefit fewer Americans than you might think while potentially costing trillions and distorting the labor market. Washington Monthly's Anne Kim explains. 00:00 Introduction: Trump's Tax Cut Promises 00:32 No Tax on Tips: A Closer Look 02:25 No Tax on Overtime: The Hidden Costs 03:08 No Tax on Social Security: Who Really Benefits? 04:31 Better Alternatives to Trump's Tax Plans 04:50 Conclusion: The Real Impact of Trump's Tax Cuts More from the Washington Monthly's PolicyFix playlist: • PolicyFix w/ Anne Kim Subscribe to the Washington Monthly's podcast: • The Washington Monthly Read the Washington Monthly: www.washingtonmonthly.com Links to key sources: https://www.epi.org/blog/no-tax-on-ti... https://www.brookings.edu/articles/no... https://www.dol.gov/agencies/whd/stat... https://budgetlab.yale.edu/news/24062... https://taxfoundation.org/blog/tippin... https://budgetlab.yale.edu/news/24091... https://www.cbpp.org/blog/eliminating... https://taxfoundation.org/blog/trump-... https://www.bls.gov/oes/2023/may/oes3... https://www.bls.gov/oes/2023/may/oes4... https://www.bls.gov/news.release/emps...