H.R. 558: Tip Tax Termination Act

H.R. 558 is a federal bill in the 119th Congress. Currently, all tips received by workers are considered taxable income and are subject to federal income tax. This bill changes that by allowing individuals in professions that typically rely on tips, such as cosmetology, hospitality, and food service, to… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.