US EditionSenate unanimously approves bill to eliminate tax on tips
- The U.S. Senate unanimously passed the No Tax on Tips Act on Tuesday, which removes federal income taxes on earnings received from tips by hospitality and service industry employees.
- The legislation was inspired by President Trump’s campaign promise made during a 2024 Nevada stop and faced initial GOP infighting on his broader agenda.
- The bill allows tipped employees a federal income tax deduction capped at $25,000, excluding those earning above $160,000, and aims to aid hospitality workers amid rising costs.
- Senator Cruz declared the legislation near certain to become law, calling it "political genius," while Senator Rosen urged passing it separately from extreme budget bills.
- The bill’s passage signals a bipartisan victory fulfilling Trump’s pledge and could provide immediate financial relief, especially in states like Nevada where many rely on tips.
80 Articles
80 Articles
Op-Ed: Let Workers Keep Their Tips - and Their Dignity
The “One Big Beautiful Bill Act” moving through Congress may be the most important legislation working Americans have seen in years. It doesn’t just cut taxes. It respects the people […] The post Op-Ed: Let Workers Keep Their Tips - and Their Dignity appeared first on The Western Journal.
No Tax on Tips Act: What to know about the bill and what comes next
(The Hill) — The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing a key campaign promise of President Donald Trump, with the help of Senate Democrats. Sen. Jacky Rosen (D-Nev.) brought the “No Tax on Tips Act” to the floor with the expectation that it would be blocked, but Sen. Ted Cruz (R-Texas), the sponsor of the bill, declined to do so. The bill passed via unanimous consent, a move typically reserved for …
Senate Unanimously Passes Bill to Eliminate Taxes on Tips, Heads to House - News Facts Network
In a rare display of bipartisan unity, the Senate on Tuesday unanimously approved a bill... The post Senate Unanimously Passes Bill to Eliminate Taxes on Tips, Heads to House appeared first on News Facts Network.
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