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A sizable tax break could be coming for tipped income, but the economic knock-on effects could be damaging.
Here's what to know about the bill, plus info on North Carolina's “No Tax on Tips, Overtime, Bonus Pay" Bill and more.
On Thursday morning, the U.S. House of Representatives narrowly approved the "big, beautiful bill," the final vote tally came in at 215-214.
The Senate passed the No Tax on Tips Act, a key element of President Donald Trump's tax cut plan, with bipartisan support despite concerns over its $10 billion annual price tag.
The idea is planted in the sprawling tax cuts package House Republicans passed early Thursday. In a surprise move, the Senate ...
The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing a key campaign promise of President Donald Trump, with the help of Senate Democrats.
On Thursday morning, the U.S. House of Representatives narrowly approved the "big, beautiful bill," the final vote tally came in at 215-214.
Wyo., issued the following statement Tuesday after the unanimous passage of the No Tax on Tips Act, a proposal originally ...
Judge Blocks Trump Effort to Bar International Students at Harvard Harvard sued and asked for a restraining order after the Trump administration had said it would block international students from ...