im sure i missed this commentary during the election but 'no tax on tips' has little to do w/a waitress at a greasy-spoon keeping more earnings and a lot to do w/'starving the beast': aka getting every class of worker possible to feel like they don't ever owe taxes for anything
Elephant in the room why fast food is so much more expensive these days: they fixed all the industry problems they got so much hate over.
They switched to better ingredients, paid their workers more, and stopped neglecting food safety.
It just turns out that shit is expensive.
"Possibly the most notorious example [of University of Chicago's poor investment decisions] is the university’s foray into cryptocurrency. Four sources…allege that the university lost tens of millions investing in crypto around 2021." stanfordreview.org/uchicago-lost-…
How high is that figure? To give some idea: Their estimate is a bit below estimates (15-20M) for the Carolingian Empire (Charlemagne's empire, left) at the same time. But that empire covered 1.2M km2. This study (right) found 9.5-16M people in just 95K km2 of the lower Yucatan!
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