Trump Sells Affordability to McDonald’s, Promises No Tax on Fries

KEY POINTS

  • •President Trump will address McDonald’s owners and suppliers Monday evening at a Washington Impact Summit.
  • •He plans to emphasize his tax cuts from the One Big Beautiful Bill, including no taxes on tips and overtime.
  • •McDonald’s is co-investing to subsidize new Extra Value Meals amid ongoing cost-of-living concerns.
  • •Democrats like Kathy Hochul and Rahm Emanuel also spoke, highlighting bipartisan focus on economic affordability.

President Trump is sauntering into a Washington McDonald’s Impact Summit on Monday evening to flex his economic muscle—specifically aimed at owners, operators, and suppliers, because if you’re worried about inflation, why not hear from the McDonald’s boardroom? Trump’s big claim? ''The Biden administration started the affordability crisis, but I’ll 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, McDonald’s is throwing in its own cash for Extra Value Meals to woo broke diners, proving even a Big Mac knows when the economy’s got a hangover. Democratic VIPs like Kathy Hochul and Rahm Emanuel joined in, but hey, it’s all about bipartisan burger unity while CEOs, politicians, and CMS’s Dr. Mehmet Oz debate U.S. resilience nearby. Because nothing says economic progress like fries and tax exemptions at a power summit.

Share the Story

(1 of 3)
Swipe to navigate

Source: Axios | Published: 11/17/2025 | Author: Mike Allen