Now, The Truth About "No Tax On Tips"

 Another Lewis lie debunked -  So, what is the OBBBA when it comes to tip income? Here’s a quick summary. A Deduction for Cash Tips: Workers in qualifying tipped occupations can now deduct up to $25,000 of those tips from their taxable income for tax years 2025 through 2028. Who’s Eligible? The deduction is available for specified workers making up to $150,000 a year ($300,000 for joint filers). The income limit will be adjusted for inflation. Which Jobs Qualify: The OBBB will target jobs where tipping is customary — think servers, bartenders, hair stylists, and nail techs. Though the U.S. Treasury Department and IRS will have to specify in later guidance which specific jobs will be eligible. Employer Benefit: The new law also expands a tax credit for certain businesses, letting them claim credits for payroll taxes paid on tips like restaurants do. Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the 2025 tax year. That means eligible workers could claim the deduction when they file their taxes in early 2026 for income earned in 2025. -- https://www.kiplinger.com/taxes/no-tax-on-tips-bill-approved

There IS and still will be tax on tips. So...a Trump lie.

Originally posted by: Kevin Lewis

There IS and still will be tax on tips. So...a Trump lie.


      The ONLY lie was the lie YOU posted previously. Here is the LIE you posted - Per the Bigly Turd Bill, only the first $2500 in tips in a given year will be tax-deductible. With a full-time worker putting in 262 days a year, this means that the first $9.50 or so she is tipped in a given shift won't be taxable. You stated (as shown) that only the first $2500 in tips would be non taxable when the REAL amount of non taxable tips is $25,000. As usual, YOU distorted the truth. Now, LIE your way out of your original post.

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