Rick Harrison Says Trump Tax Breaks Doubled Some Workers' Refunds at 80-Employee Las Vegas Businesses
Updated
Updated · Fox News · May 16
Rick Harrison Says Trump Tax Breaks Doubled Some Workers' Refunds at 80-Employee Las Vegas Businesses
2 articles · Updated · Fox News · May 16
At least 10 employees at Rick Harrison’s Las Vegas businesses saw tax refunds roughly double, he said, calling the gains “astronomical.”
Harrison credited Trump-backed measures including tax-free overtime, full equipment depreciation and a no-tax exemption on the first $25,000 of tips.
Those policies have lifted take-home pay for service workers and encouraged owners to spend more, Harrison said, arguing the tip break is especially significant in Nevada.
Harrison, who employs about 80 people across a pawn shop, restaurant and bar, made the remarks after appearing at a May 4 White House small-business summit.
The comments come as Las Vegas faces weaker tourism, though Harrison has said his own store posted record January and February sales.
As living costs rise, are tax-free tips a net financial gain for service workers?
Can targeted tax cuts stimulate an economy facing near-zero labor force growth?
Why is one Nevada city booming while another falters under the same economic policies?