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An End to Tax on Tips
reason.com/2025/05/21/an-end-to-tax-on-tips
Passed the Senate: Yesterday, the Senate passed the No Tax on Tips Act 100–0, which "creates a federal income tax deduction of up to $25,000 a year for certain types of cash tips for eligible employees," per The Washington Post. ("Cash tips" include tips given not just in cash but also…
This story appeared on reason.com, 2025-05-21 13:30:10.