“The fact of the matter is their tips will go up when volume goes up,” Taffer said regarding the impact of a middle-class tax cut on the restaurant industry.
Jon Taffer, best known as the host of the reality series “Bar Rescue,” said that a middle-class tax cut would help not only restaurant owners but would lead to higher income for restaurant workers as well during an interview on Wednesday.
Fox News’ Stuart Varney asked Taffer if he thought a middle-class tax cut would be a huge shot in the arm for the restaurant industry.
“Absolutely,” Taffer responded. =“Let’s keep in mind not only a shot in the arm for the restaurant business from a consumer standpoint, but we’re the largest private employer in America other than the government. “
“So when we take a look at the impact on all of the employees that work in the restaurant industry, again, that impacts everyone,” he added.
Varney followed up by asking Taffer if he was describing ‘trickle down’ economics.
“The fact of the matter is [restaurant workers’] tips will go up when volume goes up, and their income goes up with everybody who walks through the door,” Taffer said.
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