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President Biden would sign a bill that would eliminate taxes on tipped wages, the White House said Monday, seeming to agree with a policy first floated by former President Trump. White House press ...

President Biden would “absolutely” sign legislation to eliminate taxes on tipped wages if it made it to his desk, the White House said Monday, embracing a policy first proposed by former ...

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed into law on July 4. But some workers may not see any benefit.

The U.S. Senate unanimously passed the "No Tax on Tips Act," a bipartisan bill that would exempt up to $25,000 in cash and non-cash tips from federal income taxes for eligible workers.

“No Tax on Tips,” which was one of President Trump’s most buzzy, populist campaign pledges in 2024, polls quite well. An Ipsos survey found roughly three in four Republicans, Democrats and ...

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed into law on July 4. But some workers may not see any benefit.