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Transcript
00:00In 1966, Congress created something called the Tip Credit, which allowed restaurants to pay their
00:05employees below the minimum wage. In 1991, the federal minimum wage for tipped employees was
00:11only $2.13. And in 1996, Congress permanently froze that sub-minimum wage at $2.13 an hour.
00:19And that's where it still is to this day. True story. The U.S. is the only country in the world
00:25that does not pay their tipped employees a full minimum wage. In fact, 43 out of 50 states here
00:32in the U.S. allow that to happen. And that brings us to the present time and tipflation.
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