Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden backs bill to lift tip taxes President Biden would “absolutely” sign ...

President Donald Trump's no tax on tips and overtime pay policy was one of his most popular pledges during the 2024 election campaign, and lawmakers in Congress are working to make his plans a ...

The No Tax on Tips Act would allow tipped workers to claim a tax deduction of up to $25,000 for the sum of all tips they earned in the previous year. The GOP's "Big Beautiful Bill" includes a ...

Biden Says He'll Return to Campaign Trail as Pressure Grows. Last Updated: 10 months ago. Trump Again Pushes No Taxes on Tips. By. Richard Rubin.

But one tax cut provision within the House majority’s plan is receiving an unusual level of public, bipartisan approval — a rule to eliminate federal income taxes on tips. “No Tax on Tips ...

The U.S. Senate unanimously passed the "No Tax on Tips Act," a bipartisan bill that would exempt up to $25,000 in cash and non-cash tips from federal income taxes for eligible workers.

President Donald Trump keeps saying that Republicans’ mega tax and spending cut legislation will eliminate taxes on federal ...