What I mean is that you rarely, if ever, see a unanimous vote on anything in Washington. This bill was introduced in the Senate back in January 2025 by Senator Ted Cruz and a bipartisan group of co-sponsors which included Rosen and the Nevada senator Catherine Cortez Masto. No objections were made by Rosen’s request, resulting in the passage of the bill, which now goes to the House.
The bipartisan bill will create a tax deduction of up to $25,000 for cash tips reported to employers by workers for withholding purposes on payroll taxes, with a cap on the salary for eligible workers at $160,000 annually.
The House passed Trump's "One Big Beautiful Bill Act" Thursday, which includes proposed legislation to eliminate federal income tax on tips so this may be a moot point. We'll see...
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It is of course absolutely clear WHY democrites voted for this: because Lalala after Trump mentioned this immediately said "me too, me too, me too" adding this to her useless bag of tricks. It would be hard for the people that WILL vote for her again in 2028 to now say "Nope, no can do".
ReplyDeleteThis is just me, but why the can't they pass a bill that reads No Tax On Tips. Period. Far too simple for congressional morons, clearly Hence, the tax deduction of whatever on tips reported to whomever for employees earning under whatever annually nonsense! How 'bout this: No reporting. No tax deduction. No earnings limit. No bloating the IRS code page count. Just NO TAX ON TIPS. PERIOD. For F*ck's Sake.
ReplyDelete