For the record: An official from the Harris campaign said the policy would include “strict requirements to prevent hedge fund managers and lawyers from structuring their compensation in ways to try to take advantage of the policy.”
I’m sure they want to do that, but it will fail and be abused just like independent contract work, civil forfeiture, and everything else that has an intended specific use case that gets changed over time to be abused by the powerful. This approach will make it so anyone can claim a monetary exchange was a tip and put the burden on the government to prove it wasn’t, which is just ripe for abuse the moment it becomes law.
Tips as someone’s base income is a cancer on society. Just make companies pay living wages instead.