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  • 2 months ago
Transcript
00:00McDonald's is adding its two cents to the tipping debate, and the internet is kind of McShocked.
00:04The CEO of McDonald's, Chris Kempczynski, recently told CNBC that restaurants that rely on tips to pay their employees are essentially getting customers to pay labor costs.
00:13Now this comment came during a deeper conversation with the fast food exec over Trump's Big Beautiful Bill and how it would affect the restaurant, specifically the promise of no tax on tips.
00:23No tax on tips.
00:25He said, quote, if you're not taxing tips, you're giving one part of the industry an edge.
00:29Restaurants that accept tips are going to cruise downhill, while those that don't will end up peddling harder just to keep up.
00:35Now critics are saying McDonald's CEO is primarily concerned with protecting his bottom line, suggesting that his stance against tipped wages is more about competition than fairness.
00:44However, supporters, including labor activists, agree with him that the system is flawed and tipping lets some restaurants underpay workers and shift the cost to customers.
00:53So while this interview isn't exactly a rally the masses kind of speech, it does raise the question, how do we make pay and taxes fair without turning every restaurant into a math problem?
01:01For now, McDonald's isn't asking for tips, it's asking for lawmakers to even the playing field.
01:06So will this lead to new laws or just a bunch of spicy opinion pieces?
01:09Let us know in the comments and of course follow us here for more.
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