Overview

• The U.S. Senate passed the 'No Tax on Tips Act' by unanimous consent, marking bipartisan support for a key Trump campaign promise.
• The bill allows tipped workers to deduct up to $25,000 in reported cash tips from federal income taxes, excluding those earning over $160,000 annually.
• Nevada, with the highest percentage of tipped workers in the nation, stands to benefit significantly from the proposed tax relief.
• Sen. Jacky Rosen advocated for the bill's standalone passage to separate it from the GOP’s broader budget package tied to spending cuts.
• The legislation now heads to the House, where lawmakers will decide whether to pass it independently or include it in the larger GOP agenda.