Local Servers Share Mixed Reactions to Trump’s “No Tax on Tips” Policy
6 Articles
6 Articles
Exempting Tips and Overtime from Income Tax Distracts from Big Gifts to Wealthy, Won’t Help Many Workers
Trump’s big ugly budget reconciliation bill exempts tipped income and overtime pay from federal income tax for tax years 2025 and 2028. The exemption on tips is capped at $25K. The exemption on overtime only applies to the “half” portion of “time and a half” and is capped at $12.5K. While I look forward to taking about $3,600 in my paychecks out of the equation for my unwilling support of King Don’s Nazi bribe machine, these new exemptions will …
Blue States Refuse To Follow Trump’s Lead On No Tax On Tips And Overtime
by Ireland Owens at CDN - Treasury Secretary Scott Bessent on Wednesday blasted several blue states over their “ongoing refusal” to embrace some “key provisions” of President Donald Trump’s One Big Beautiful Bill Act (OBBB). Trump signed the OBBB, which in part eliminated taxes on tips and overtime pay and solidified the tax cuts enacted during his first term, into law … Click to read the rest HERE-> Blue States Refuse To Follow Trump’s Lead On …
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