A Nevada Democrat pushed 'No Taxes on Tips'
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The U.S. Senate unanimously passed the “No Tax on Tips Act,” put forth by Sen. Ted Cruz, R-Texas, and cosponsored by two Democrats: Nevada Sens. Jacky Rosen and Catherine Cortez Masto
Nixing income taxes was one of President Donald Trump's top policy promises during his 2024 election campaign.
The legislation has implications for those who give gratuities and those who pocket them, with the potential to leave both sides feeling shortchanged.
The Senate passed the No Tax on Tips Act, a key element of Trump's tax cut plan, with bipartisan support despite concerns over its $10 billion annual price tag.