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Bipartisan ‘No tax on tips’ act, a Trump campaign idea, introduced in the Senate
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The Center Square, National

Bipartisan ‘No tax on tips’ act, a Trump campaign idea, introduced in the Senate

By Casey Harper | The Center Square President-elect Donald Trump made news on the campaign trail last year when he proposed “no tax on tips.” Now, that pledge is likely to become reality. Sens. Ted Cruz, R-Texas, and Jacky Rosen, D-Nev., on Thursday introduced the No Tax on Tips Act along with Sens. Catherine Cortez Masto, D-Nev., Steve Daines, R-Mont., Pete Ricketts, R-Neb., and Rick Scott, R-Fla. “American workers in many industries rely on tipped wages to make ends meet. Today, I’m introducing my bipartisan No Tax on Tips Act – legislation I authored to fulfill President Trump’s promise to end the wrongful practice of taxing voluntary tips,” Cruz said in a statement. READ THE FULL STORY AT THE CENTER SQUARE
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Copy cat Kamala: Harris ‘copies’ Trump’s no tax on tips policy at rally in hospitality-heavy Nevada
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National, New York Post

Copy cat Kamala: Harris ‘copies’ Trump’s no tax on tips policy at rally in hospitality-heavy Nevada

By Mark A. Kellner, Katherine Donlevy and Deirdre Bardolf | New York Post Vice President Kamala Harris rolled out a promise to stomp out taxes on tips during a campaign stop in Las Vegas Saturday — prompting former President Donald Trump to rip her for “copying” one of his signature proposals. Though she spent a significant portion of her talk ripping Trump, the Democratic presidential nominee regurgitated one of his signature ideas at the top of her stump speech at the battleground state. “It is my promise to everyone here, when I am President, we will continue our fight for working families of America, including to raise the minimum wage and eliminate taxes on tips for service and hospitality workers,” Harris told the crowd to a roar of applause. READ THE ...
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Senate Republicans propose bill slashing taxes from tips
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National, The Washington Times

Senate Republicans propose bill slashing taxes from tips

By Kerry Picket | The Washington Times Senate Republicans recently crafted legislation off of former President Donald Trump’s proposal to eliminate federal taxes from tips off of wages. The “No Tax on Tips Act” exempts “cash tips” — cash, credit and debit card charges, and checks — from federal income tax by allowing taxpayers to claim a 100% above-the-line deduction at filing for tipped wages.  According to the IRS, cash tips include “those received directly from customers, electronically paid tips distributed to the employee by their employer and tips received from other employees under any tip-sharing arrangement. All cash tips must be reported to the employer.” READ THE FULL STORY AT THE WASHINGTON TIMES
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