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Trump's Tax Plan Could Boost Tipped Workers' Earnings

6/9/2025

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Summary

Story summary

Donald Trump's plan to exempt tipped income from federal taxes is gaining traction in the "Big Beautiful Bill," with support in both the House and Senate. If approved, it could boost the annual earnings of workers making under $160,000 by up to $1,675, but the relief is set to vanish at the end of 2028, aligning with Trump's presidency.

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Story summary

Donald Trump's plan to exempt tipped income from federal taxes is gaining traction in the "Big Beautiful Bill," with support in both the House and Senate. If approved, it could boost the annual earnings of workers making under $160,000 by up to $1,675, but the relief is set to vanish at the end of 2028, aligning with Trump's presidency.