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Big changes are ahead for Americans if the Trump-backed bill becomes law. Republicans are trying to pass it by a self-imposed July 4 deadline.
New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed into law on July 4. But some workers may not see any benefit.
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 Senate narrowly approved Trump's tax bill, which includes a provision that would make his “no tax on tips” campaign promise a reality.
Rep. Erin Houchin discusses Trump's "No Tax on Tips" policy in a White House video, highlighting how the One Big Beautiful Bill Act would benefit working-class Americans and business owners.
Indiana Rep. Erin Houchin showcases President Donald Trump's "No Tax on Tips" policy with restaurant workers, exploring how the One Big Beautiful Bill aims to help middle-class Americans keep more ...
Here are key points to keep in mind: The "no tax on tips" provision is structured as a temporary deduction (2025-2028), not a full exclusion of tips from taxable income.
Trump's 'no tax on tips' is getting close to the finish line. Here's how it will work. The Senate on July 1 narrowly approved Trump's tax bill, which includes a provision that would make the ...
Nixing federal income taxes on overtime and tipped income was one of the president's top policy promises during his 2024 election campaign.
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