Trump’s tip tax insight

Trump’s tip tax insight

At a recent rally in Las Vegas, former President Donald Trump unveiled a promising initiative aimed at providing relief for low-wage workers. Trump’s proposal to eliminate taxes on tips aims to increase the income of some of America’s most economically vulnerable people.

This proposal would require congressional approval to alter the tax code. If Trump returns to office, this could become a reality due to the impending expiration of the 2017 Trump Tax Cuts and Jobs Act. Trump contrasted himself with President Joe Biden by adding, “Crooked Joe Biden has taken the totally opposite approach, trying to tax more and more of their tips, even hiring 88,000 IRS agents to collect!”

Currently, any tips to service workers that add up to more than $20 in

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