Cruz, Senate and Tax on Tips
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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.
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Tampa Free Press on MSNU.S. Senate Unanimously Passes Texas Sen. Ted Cruz’s “No Tax On Tips Act,” Heads To HouseIn a rare show of bipartisan unity, the U.S. Senate today unanimously passed the "No Tax on Tips Act" with a resounding 100-0 vote. The legislation, championed by Senator Ted Cruz (R-Texas) and co-led by Senator Jacky Rosen (D-Nev.
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FOX 5 DC on MSNNo Tax on Tips act passes SenateThe BriefSenate passes No Tax on Tips Act with bipartisan support.Bill exempts cash and card tips from federal income tax, offering a 100% deduction on Tax Day.Trump called it a priority for service industry workers.
The budget bill approved by the House promises to benefit many food workers, but some details are still unclear.
Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.