
Restaurant pay has never been simple, and McDonald's (NYSE:MCD) CEO Chris Kempczinski says a new tax break just tilted the balance even further.
Appearing on CNBC, he weighed in on President Donald Trump's Big Beautiful Bill Act, which makes tips tax-free for service workers. Servers and bartenders welcomed the change, but Kempczinski argued it skews competition in ways that chains like his can't benefit from.