No Tax On Overtime or Tips Rejected By Senate: Thanks For Playing

Boy, here we go again with the “Big Beauty Bill” circus. There is no tax on additional work and advice, which President Donald Trump promised during his 2024 campaign, may be dead.

Trump -free Tax Tip is a Molotov cocktail wrapped in dollar. Supporters call it a long break from the American service category, but critics-including members of his party-must be removed from the bill.

Let’s divide this to you before the political relative commented on it:

Beautiful beautiful bill: good, bad and ugly

The proposal to cancel income taxes on oblique wages began as a single campaign at the Trump Mobilization in Las Vegas last summer.

Within a few days, it turned into a legitimate policy discussion and attracted approvals from both sides of the corridor. Senate members of the state of Nevada Catherine Cortez Masto and Jackie Rosen were very dependent on the state on tourism jobs, while the Republican Party figures such as Senator Ted Cruz praised this step as a tax reduction for workers in the worker.

There is no tax on advice and no tax on additional work is famous policies without thinking.

The beautiful big bill is the largest middle -class tax reduction in history. pic.twitter.com/8xvo4jpeyqq

– Alex PFEIFAR (@pfeiffer47) June 10, 2025

There is no tax on advice or additional work Going to Restaurant stocks, but they are hoopy for your mind when you realize that your weapon is making more than you after advice.

All jokes are aside, here are the most important things inside Trump Beautiful beautiful bill:

• There is no tax on additional work: it looks great until you realize that this only means that employers will reduce the basic wages and force you to work for 60 hours to survive.
• It reduces the previously planned planning to reduce the pre -planned deficit
• It makes Trump’s tax cuts for 2017 permanent, which is good (depending on how you view it).
• It removes income tax only on cash advice, which is a type of joke. Nobody pays taxes on cash advice already. This makes it just so that all these people do not commit a crime after now.
• It reduces the income tax on the elderly. The boundaries apply.
• Border security is funded by more than $ 45 billion for the wall (perhaps enough to cover the entire southern border) and more ice agents and border patrol.
• A 3.5 % tax adds to transfers (funds from the United States abroad) if not provided evidence of the legal situation. Basically, only illegal immigrants must be paid.

There are other provisions in the draft law such as ending some tax incentives for “climate change” and giving a tax incentive to buy American -made cars, but these are the main things.

Senate surprise vote

The Chairman of the Senate Budget Committee Lindsay Graham offered lukewarm support, indicating that the proposal may be better addressed in a separate bill instead of ticket shoes on wider taxes.

“There are some things that the president wants, such as a lack of tax on advice and additional work, but it may be difficult to fully fit with that,” noted Graham.

The idea of ​​tax -exempt tips falls well with workers who live on the transformation, but beautiful print tells another story.

The eligibility is allocated to politics, taxes of salaries will remain present, and exemptions are carved in a way that can create more confusion than clarity. 2028 comes, all of this ends unless the future administration chooses to keep it alive.

What next?

The law of the beautiful draft law also goes to the Senate, its fate is suspended with the Republican Party. However, the driving appears to be determined to protect the most obvious part of the plan: there are no taxes on additional work and advice

For millions of service workers, this suggestion can represent a meaningful financial relief, but it depends on whether Congress can reconcile the competing priorities in Trump’s sweeping legislation.

Discover: Best ICOS Mimi Investment in 2025

Join Discord 99bitcoins News here to get the latest market updates

There is no tax on additional work or the advice rejected by the Senate: Thanks for playing, first appeared on 99bitcoins.