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The U.S. Senate unanimously passed the "No Tax on Tips Act," a bill that would create a tax deduction on tips worth up to $25 ...
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.
The budget bill approved by the House promises to benefit many food workers, but some details are still unclear.
On Thursday morning, the U.S. House of Representatives narrowly approved the "big, beautiful bill," the final vote tally came in at 215-214.
Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.
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