Understanding Trump's 'No Tax on Tips' Proposal in GOP Budget Bill

Reported about 15 hours 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

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