Keyword: tips
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The “No Tax on Tips Act” passed in the Senate after a unanimous vote. At last, the Senate can agree upon one item. The legislation permits a tax deduction worth up to $25,000 for tips for workers earning under $160,000 as of 2025, with the figure expected to increase over the years along with inflation. The bill comes with a major caveat. The measure only applies to cash tips. It is well-known that service workers often underreport or fail to report their cash earnings. There is a high probability that this measure is to ensure that workers properly report their...
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In a surprise move, the Republican-led Senate quickly passed the "No Tax on Tips Act" on Tuesday, giving its official stamp of approval to an idea that has gained traction since President Donald Trump campaigned on it in 2024. The legislation would create a new tax deduction worth up to $25,000 for tips, limited to cash tips that that workers report to employers for withholding purposes on payroll taxes. The tax break is also restricted to employees who earn earn $160,000 or less in 2025, an amount that will rise with inflation in upcoming years. The bill now goes to...
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House Republicans are planning to include several of President Trump’s campaign promises in the first draft of the bill, which they hope to release soon.It was easy to miss, but last weekend President Trump floated a fundamental rewrite of the American tax code. In a social media post, and again in remarks to reporters, Mr. Trump suggested the United States could stop taxing income under $200,000 and instead rely on revenue from his extensive tariffs. “It’ll take a little while before we do that, but we’re going to be cutting taxes, and it’s possible we’ll do a complete tax cut,”...
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@RapidResponse47 NO TAX ON TIPS. NO TAX ON OVERTIME. NO TAX ON SENIORS' SOCIAL SECURITY.
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Nervous travelers have been worrying about taking to the air given the recent airplane crashes in the news. Even so, one man with aerophobia, or a fear of flying, believes there’s nothing to be afraid of — and he’s on a mission to help others address their concerns. Brian Morris of Salt Lake City, Utah, created “Flight Deck: Fear Of Flying Flash Cards” to help anxious flyers calm themselves about takeoff procedures and the travel experience. “In light of the recent flight incidents and accidents, I know firsthand how these events can evoke fear and uncertainty in many individuals,” Morris...
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WASHINGTON — Americans who earn tips, overtime or Social Security benefits may not have to wait long for federal taxes on that income to end, the White House says. President Trump wants all three of those major tax cuts to be included in a looming budget reconciliation bill that can pass with bare majorities in both the Republican-led House and Senate, press secretary Karoline Leavitt told reporters Friday. “The president has made it very clear to our allies on Capitol Hill that is a critical piece of this reconciliation package,” Leavitt said in response to a question from The Post,...
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President Donald Trump revealed that he would be “working with Congress to get a bill” on his desk that passed a “massive tax cut for American workers and families,” and kept his promise on “no tax on tips.” During a rally in Las Vegas, Nevada on Saturday, Trump spoke about how one of the things at the top of his administration’s agenda was to work to pass a bill to make the Trump tax cuts permanent and keep his campaign promise on ending the taxation of tips. Trump added that for restaurant workers, servers, valets, or bartenders, or “any other...
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President Donald Trump lit it up over the weekend at McDonald's in Bucks County, PA. He worked the fry station and the drive thru window. It got all kinds of attention and he looked like he was in his element. The left lost their minds over it, which made it extra hilarious. It showed once again, Trump's natural ability to interact with people as opposed to Kamala Harris' lack of ability. It was a brilliant campaign move and brought epic images including this one. He was also cheered by steelworkers in Latrobe, PA and at the Pittsburgh Steelers game on...
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Second Gentleman Doug Emhoff and Minnesota Gov. Tim Walz (D) walked away from the counter at a cafe without paying, with Walz’s daughter revealing that “someone will be up” to pay. Video footage posted to X appeared showed the two men walking away from the counter after Walz’s daughter tells them she will “wait” for the tea and informs a worker behind the counter that a campaign staffer is coming to the counter to pay. “I’ll wait for your tea,” Walz’s daughter says as the two men walk away.
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A good idea is a good idea — maybe that's why Kamala Harris is stealing some of former President Trump's ideas on various issues, like his "no tax on tips" proposal. The vice president is making like it was her idea, and in an even more satisfying development, a Democrat Congressman — Rep. Steven Horsford (D-NV — on Tuesday introduced a bill to make tips given to service workers tax-free.Rep. Steven Horsford (D-Nev.) officially introduced legislation on Tuesday seeking to eliminate federal taxes on tips, a proposal that both major presidential candidates have backed. The Tipped Income Protection and Support...
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California Democrats voted against Vice President Kamala Harris’ “no tax on tips” proposal”— an idea she stole from former President Donald Trump’s playbook. Democrats refused to consider the proposal without discussing or debating the issue. The bill would have alleviated some of the tax burden workers who rely on tips face. It would have exempted those tips from state income taxes and allowed hospitality and service industry employees, such as bartenders and waiters, to take home more of their paychecks. Earlier this month, I reported that Harris, who has refused to release a policy page on her campaign website, can...
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In a mirror of national politics, California Republicans followed former President Donald Trump’s lead by proposing to end taxes on tips. While Vice President Kamala Harris, who formerly represented California in the U.S. Senate, embraced the measure, California Democrats said no, shooting down the proposed amendment in the California Senate. “Even Trump and Harris both say we should eliminate the ‘tip tax,’” said the California Senate Republican Caucus in a statement. Soon after Trump announced his proposal to a crowd in Nevada, which has the highest percentage of tipped workers in the nation, Harris also came out in favor of...
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You’ve got to give credit to former President Donald Trump for being the first to bring up what has become a politically popular proposal to eliminate the federal income tax on tipped wages. It was a smart political move. Republicans, long maligned as the party of billionaires and multinational corporations, could use more policy proposals aimed at helping lower and middle class workers and small businesses. This proposal would do both, and it also, on the surface at least, aligns with conservative fundamental principles of shrinking taxes and the overall size of government, generally always a good thing. You’ve also...
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With the presidential campaign heating up, both former President Donald Trump and Vice President Kamala Harris are making a play for service and hospitality workers’ votes by promising to eliminate taxes on tips. But the move likely wouldn’t help many tipped workers, largely because a sizable share don’t earn enough to pay federal income taxes, experts say. Neither Trump, who announced the idea at a Las Vegas rally in June, nor Harris, who voiced her support for the policy in Las Vegas on Saturday, have released detailed proposals, which would have to go through Congress. Among the questions are...
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President Biden would “absolutely” sign legislation to eliminate taxes on tipped wages if it made it to his desk, the White House said Monday, embracing a policy first proposed by former President Trump and echoed by Vice President Harris. “Look, this is something that the president supports,” press secretary Karine Jean-Pierre said in a briefing. “He supports eliminating taxes on tips for service and hospitality workers while also raising minimum wage and preventing the wealthy from gaming the system.”
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White House Press Secretary Karine Jean-Pierre tried and failed Monday to claim credit for the “no tax on tips” idea that Vice President Kamala Harris embraced after former President Donald Trump proposed it earlier this summer. As Breitbart News has reported, Harris copied Trump’s policy of “no tax on tips” — a key point in his speech at the Republican National Convention last month — during a campaign rally on Saturday. As Rep. Jim Banks (R-IN) said, Harris was the tie-breaking vote for the Inflation Reduction Act in 2022, which provided for 87,000 new Internal Revenue Service (IRS) agents —...
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The Internal Revenue Service (IRS) proposed a revenue procedure this week to crack down on the service industry's reporting of tips. The Service Industry Tip Compliance Agreement (SITCA) program would be a voluntary tip reporting system in which the IRS and service industry companies cooperate, according to the announcement Monday. As part of the proposal, the IRS will give the public until early May to provide feedback on the program before implementing it.
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Republican Sen. Ted Cruz of Texas is not waiting until after the presidential election to launch a bid to put one of former President Donald Trump’s ideas into effect. Cruz has introduced the No Tax on Tips Act that would keep the Internal Revenue Service from taking a slice of the income service workers gain through tips, according to a news release on Cruz’s website. During a recent rally in Las Vegas, Trump indicated he opposes taxes on tips, according to The Hill. “For those hotel workers and people that get tips, you’re going to be very happy. Because when...
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A political action committee supporting former President Donald Trump is giving out free stickers for supporters to stick on restaurant receipts to tell workers about Trump’s promise to get rid of taxes on tips. The super PAC, Make America Great Again Inc., announced the sticker initiative on Tuesday, telling supporters on a new website to “join the no tip tax campaign today” and “get your stickers free.” “Trump won’t tax your tips!” the stickers read. “Vote Trump.”
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Valerie takes Lyft rides between two and six times a week for work — but she only sometimes leaves a tip. Some ride-hailing drivers have been unprofessional, she told Business Insider. Others haven't greeted her or picked her up far from where she requested. Even when a driver provides decent service, she said the increasing fares for her commute have led her to tip less frequently. "The over-charging, high prices, cancellation from drivers, and Lyft making me late for work didn't permit me to leave a tip for some," Valerie said.
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