I hope so. I’ll probably tip much less (maybe 10%) when there when it’s in full effect. Which is probably too bad for waitstaff. They pulled in much more than minimum wage in most cases and most it wasn’t taxed. I had a friend that cleared $500/night working the Olive Garden back in the day. With this new scheme he’d make $250 if you cut tips in half which I think people will rationalize now.
If you look at California, where we haven't had a separate tipped minimum wage since at least 2016, people still tip the nationwide norm between 15% and 25%.
Certainly looks like a downwards trend though. California is now the worst tipping state. If money continues to get tighter it will become more and more normal to justify a smaller tip. I think you can justify 10% now.