{"id":2270618,"date":"2024-06-18T14:17:02","date_gmt":"2024-06-18T18:17:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gop-lawmakers-unveil-bill-to-nix-federal-taxes-on-tips-after-trump-promoted-the-idea\/"},"modified":"2024-06-18T14:19:38","modified_gmt":"2024-06-18T18:19:38","slug":"gop-lawmakers-unveil-bill-to-nix-federal-taxes-on-tips-after-trump-promoted-the-idea","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gop-lawmakers-unveil-bill-to-nix-federal-taxes-on-tips-after-trump-promoted-the-idea\/","title":{"rendered":"GOP Legislators Introduce Bill to Eliminate Federal Taxes on Tips Following Trump&#8217;s Endorsement"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fgop-lawmakers-unveil-bill-to-nix-federal-taxes-on-tips-after-trump-promoted-the-idea%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2270618&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>House \u200bRepublicans, specifically Rep. Thomas Massie (R-KY) and Matt Gaetz (R-FL), have\u200b proposed a new bill \u2063aiming to exempt tips from federal\u2063 income and employment taxes. This initiative, inspired by \u200dDonald Trump&#8217;s recent advocacy and\u200d a similar campaign\u200c by former Congressman Ron Paul, is \u2064known as the &#8220;Tax Free Tips Act.&#8221;\u2062 The legislation seeks to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/kennedy-introduces-bill-to-cut-off-dictators-funds\/\" title=\"Kennedy Introduces Bill To Cut Off Dictators\u2019 Funds\">alleviate financial pressure<\/a> on <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/not-everyone-can-intermittent-fast-heres-why\/\" title=\"Not Everyone Can Intermittent Fast, Here\u2019s Why\">service industry workers<\/a> by freeing their\u2064 tips from taxation, which\u2064 the lawmakers argue is a regressive measure exacerbated by the \u200dability \u2064of digital \u2063payments to tax every transaction. This move comes as a response to rising inflation and the increasing \u200bcost of living, with the proponents \u2062highlighting the importance of allowing service workers to retain\u2063 more of their earnings.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p>A pair of <a href=\"https:\/\/www.dailywire.com\/topic\/house-republicans\" target=\"_blank\" rel=\"noopener\">House Republicans<\/a> introduced legislation on Tuesday that would slash federal taxes on tips after former President <a href=\"https:\/\/www.dailywire.com\/topic\/donald-trump\" target=\"_blank\" rel=\"noopener\">Donald Trump<\/a> promoted the idea earlier this month.<\/p>\n<p>The bill, spearheaded by Rep. Thomas Massie (R-KY) and Matt Gaetz (R-FL), <a href=\"https:\/\/gaetz.house.gov\/sites\/evo-subsites\/gaetz.house.gov\/files\/evo-media-document\/FILE_2376.pdf\" target=\"_blank\" rel=\"noopener\">would<\/a> \u201camend the Internal Revenue Code of 1986 to provide that tips shall not be subject to income or employment taxes.\u201d<\/p>\n<p>It takes inspiration and its <a href=\"https:\/\/www.presidency.ucsb.edu\/documents\/ron-paul-campaign-press-release-case-you-missed-it-ron-paul-authors-tax-free-tips-op-ed\" target=\"_blank\" rel=\"noopener\">name<\/a> \u2014 the \u201cTax Free Tips Act \u201d \u2014 from a legislative <a href=\"https:\/\/www.latimes.com\/politics\/la-xpm-2012-feb-01-la-pn-ron-paul-las-vegas-tips-20120201-story.html\" target=\"_blank\" rel=\"noopener\">push<\/a> by Ron Paul, a former congressman and candidate for president, to nix federal taxation on tips.<\/p>\n<p>\u201cRon Paul had it right and so does Donald Trump,\u201d Massie said in a <a href=\"https:\/\/gaetz.house.gov\/media\/press-releases\/congressmen-matt-gaetz-and-thomas-massie-co-lead-legislation-exempt-tips\">statement<\/a>.<\/p>\n<p>\u201cTaxing tips is regressive and goes against American tradition,\u201d Massie added. \u201cBut now digital payments allow the government to tax every transaction, even those that historically have not been taxed. With inflation raging, it only makes sense to eliminate the tax on tips and provide relief to working folks.\u201d<\/p>\n<p>Gaetz said he was \u201cproud\u201d to join Massie in co-sponsoring the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/texas-lt-gov-dan-patrick-speaker-dade-phelan-reach-historical-18-billion-property-tax-cut-deal\/\" title=\"Texas Lt. Gov. Dan Patrick and Speaker Dade Phelan agree on groundbreaking B property tax reduction.\">tax-relief legislation<\/a>.<\/p>\n<p>\u201cAs the cost of living continues to rise, the hardworking men and women in the service industry, many of whom may be working a second job to make ends meet, must be allowed to keep every dollar of tip money they earn,\u201d Gaetz said.<\/p>\n<p>Trump <a href=\"https:\/\/www.dailywire.com\/news\/trump-proposes-major-tax-change-for-workers-who-get-tips\" target=\"_blank\" rel=\"noopener\">said<\/a> at a campaign stop in Las Vegas earlier in June that if he is re-elected to the White House in November, he wants to change the tax code to exempt tip income from federal taxes.<\/p>\n<p>\u201cThose people that have jobs in restaurants or whatever the job may be, a tipping job, we\u2019re not going after it for taxes anymore, that will be ended,\u201d Trump said.<\/p>\n<p><b><a href=\"https:\/\/onelink.to\/dwapp\" target=\"_blank\" rel=\"noopener noreferrer\" aria-describedby=\"sk-tooltip-9096\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/onelink.to\/dwapp&#038;source=gmail&#038;ust=1716990157394000&#038;usg=AOvVaw33qQydjIo8bet419amChif\">CLICK HERE TO GET THE DAILYWIRE+ APP<\/a><\/b><\/p>\n<p>A press release from Gaetz\u2019s office <a href=\"https:\/\/gaetz.house.gov\/media\/press-releases\/congressmen-matt-gaetz-and-thomas-massie-co-lead-legislation-exempt-tips\" target=\"_blank\" rel=\"noopener\">noted<\/a> that Rep. Marjorie Taylor Greene (R-GA) is an original co-sponsor of the legislation.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I absolutely LOVE President Trump\u2019s plan for NO TAX ON TIPS!!<\/p>\n<p>Write it on every receipt you sign! <a href=\"https:\/\/t.co\/BygpUWAunR\">pic.twitter.com\/BygpUWAunR<\/a><\/p>\n<p>\u2014 Marjorie Taylor Greene \ud83c\uddfa\ud83c\uddf8 (@mtgreenee) <a href=\"https:\/\/twitter.com\/mtgreenee\/status\/1801802547864223838?ref_src=twsrc%5Etfw\">June 15, 2024<\/a><\/p>\n<\/blockquote>\n<p>Greene <a href=\"https:\/\/x.com\/mtgreenee\/status\/1801802547864223838\" target=\"_blank\" rel=\"noopener\">posted<\/a> to X after Trump\u2019s comments about scrapping taxes for tips to say that she \u201cabsolutely\u201d loved the plan.<\/p>\n<p>She shared a photo of a receipt that had a message written on it that said,\u201d VOTE TRUMP! No tax on tips!!\u201d and encouraged followers to write the same thing on their own receipts.<\/p>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Tuesday, House Republicans, led by Rep. Thomas Massie (R-KY) and Matt Gaetz (R-FL), introduced a bill to eliminate federal taxes on tips, following a suggestion from former President Donald Trump. This legislation aims to amend the 1986 Internal Revenue Code, ensuring tips are no longer taxable<\/p>\n","protected":false},"author":1588,"featured_media":2270619,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/dw-wp-production.imgix.net\/2024\/06\/GettyImages-1442309805-scaled-e1718731017306.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-2270618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/dw-wp-production.imgix.net\/2024\/06\/GettyImages-1442309805-scaled-e1718731017306.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2270618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1588"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2270618"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2270618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2270619"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2270618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2270618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2270618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}