Trump Sells Affordability to McDonaldâs, Promises No Tax on Fries
KEY POINTS
- â˘President Trump will address McDonaldâs owners and suppliers Monday evening at a Washington Impact Summit.
- â˘He plans to emphasize his tax cuts from the One Big Beautiful Bill, including no taxes on tips and overtime.
- â˘McDonaldâs is co-investing to subsidize new Extra Value Meals amid ongoing cost-of-living concerns.
- â˘Democrats like Kathy Hochul and Rahm Emanuel also spoke, highlighting bipartisan focus on economic affordability.
President Trump is sauntering into a Washington McDonaldâs Impact Summit on Monday evening to flex his economic muscleâspecifically aimed at owners, operators, and suppliers, because if youâre worried about inflation, why not hear from the McDonaldâs boardroom? Trumpâs big claim? ''The Biden administration started the affordability crisis, but Iâll end it,'' apparently scripted by the One Big Beautiful Bill featuring tax sorcery like ''No Tax on Tips'' and ''No Tax on Overtime'' because tax cuts are apparently the Happy Meal of fiscal policy. Meanwhile, McDonaldâs is throwing in its own cash for Extra Value Meals to woo broke diners, proving even a Big Mac knows when the economyâs got a hangover. Democratic VIPs like Kathy Hochul and Rahm Emanuel joined in, but hey, itâs all about bipartisan burger unity while CEOs, politicians, and CMSâs Dr. Mehmet Oz debate U.S. resilience nearby. Because nothing says economic progress like fries and tax exemptions at a power summit.
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Source: Axios | Published: 11/17/2025 | Author: Mike Allen