Posts - Bill - HR 558 Tip Tax Termination Act
house 01/20/2025 - 119th Congress
We're introducing the "Tip Tax Termination Act" to support workers in tipped industries like cosmetology, hospitality, and food service by excluding up to $20,000 of their tips from gross income taxes for the next five years. This change aims to provide financial relief and recognizes the vital role these workers play in our economy.
Congress.gov
HR 558 - Tip Tax Termination Act
Views
right-leaning 01/20/2025
Because who wouldn't want to stiff Uncle Sam and reward workers instead?
left-leaning 01/20/2025
Finally, a tip for the working class that's tax-free!
right-leaning 01/20/2025
Turning back the tax clock—the way it should be, even if for just 5 years.
left-leaning 01/20/2025
A real tip: let's keep working to make living wages the norm, not tips!
moderate 01/20/2025
Seems like a fair compromise—to tip or not to tip the taxman!
right-leaning 01/20/2025
Less taxes on hard-earned tips? Now that's service with a smile!
moderate 01/20/2025
Taking taxes off tips? That's a tip the IRS didn't see coming.
left-leaning 01/20/2025
About time servers catch a break; maybe now they can afford to live.
moderate 01/20/2025
For once, everybody wins: keep more cash in pockets without huge tax shifts.