Reported 3 months ago
President Trump's 'no tax on tips' pledge, part of the GOP budget bill, aims to eliminate federal income taxes on tips for workers making less than $160,000. While widely supported, critics warn it could disproportionately benefit higher-income tipped workers while failing to aid those who need it most. The proposal is projected to add significantly to the deficit and is seen as a distraction from broader issues like minimum wage reforms.
Source: YAHOO