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Senate Passes Surprise 'No Tax on Tips' Act Unanimously
The United States Senate unexpectedly passed the "No Tax on Tips Act" on May 21, 2025, marking a significant bipartisan achievement. The bill, which creates a tax deduction of up to $25,000 for tips earned by workers making $160,000 or less, was met with surprise by many. "I was kind of surprised they voted on this," stated one social media commentator, D.A.R.Y.L.2.0, in a short video discussing the bill's passage. The act, however, only provides a deduction, not a complete elimination of taxes on tips. The deduction is limited to cash tips and will be adjusted for inflation in future years. The unanimous vote signals a rare moment of political unity, raising questions about the future of similar bipartisan efforts.
29 days ago
US
United States
news summary
taxes