LogFAQs > #985139107

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TopicSenate unexpectedly passes the 'No Tax on Tips Act' in a unanimous vote
Unknown5uspect
05/21/25 8:57:57 AM
#20:


Euripides posted...
The legislation would create a tax deduction worth up to $25,000 for tips, limited to cash tips that workers report to employers for withholding purposes on payroll taxes. The tax break would also be restricted to employees who earn $160,000 or less in 2025, an amount that will rise with inflation in coming years.
This sounds completely fucking worthless. Nobody I ever knew in the service industry claimed cash tips unless they absolutely had to.

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