
Things to know about ‘no tax on tips,’ Trump’s tax pledge that’s included in GOP budget bill
President Donald Trump’s “no tax on tips” pledge became a catchphrase for his 2024 campaign. Now it’s inching closer to reality. The idea is firmly planted in the sprawling tax cuts package Republicans are hashing out in the House and aiming to pass in the coming days. In a surprise move, the Senate voted this week to unanimously approve the idea. The proposal has widespread support from the public, lawmakers in both parties and employers who believe such a law will bring relief to the working class. But many critics say that it would come with an enormous cost to the government while doing little to help the workers who need it most.