The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing with the help of Democrats a top campaign promise of President Trump.
Sen. Jacky Rosen (D-Nev.) brought the bill to the floor with the expectation that it would be blocked, but Sen. Ted Cruz (R-Texas) declined to. It passed via unanimous consent (UC).
Cruz noted in his floor remarks in support of Rosen’s UC request that the Nevada senators — Rosen and Sen. Catherine Cortez Masto (D-Nev.) — relayed that roughly 25 percent of Nevada workers rely on tips. Rosen said that the Silver State has more tipped workers per capita than any other.
The Texas Republican spoke up in support of the bill immediately after, explaining the genesis of the push by Trump during the campaign and hailing it as a moment of “political genius” by the president to back the idea.
The bill, the No Tax on Tips Act, will now head to the House, where the provision is expected to be passed one way or another — be it via the stand-alone measure or Trump’s “big, beautiful bill” that will extend tax cuts.
The legislation would establish a new tax deduction of up to $25,000 for tips, among other things.
Posted by John3262005
9 Comments
Guess I’m tipping 10% now
Ridiculous populist bullshit
This isnt gonna totaly backfire right
Right
Who am i kidding everyone is becoming tipped rn
At least it’s up to 25,000, not infinite.
That caps how much it can benefit the wealthy.
Has anyone explained why people who get paid tips are any more worthy of government subsidies than wage-earners who make a similar amount?
> Under the bill, the new tax deduction for tips is limited to cash tips (1) received by an employee during the course of employment in an occupation that **customarily** receives tips
I love how they had to word it like that to restrain people from paying their dentist on tips.
About to see the greatest amount of income tax fraud in history.
Just in time of everyone being tired of tips being asked literally everywhere, we’re about to see an explosion in them.
as someone who has worked tipped jobs before, this is the dumbest thing ever
why are we arbitrarily favoring one group of workers?
Unserious country