S. 129: No Tax on Tips Act

S. 129 is a federal bill in the 119th Congress. Before this bill, all cash tips received by employees were treated as taxable income subject to federal income taxes. After this bill takes effect, eligible workers can deduct up to $25,000 of their reported cash tips from their taxable income. Workers who… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.