Senator Ted Cruz has introduced the 'No Tax on Tips Act,' a bill aimed at exempting tips from federal income taxes. The legislation, co-sponsored by GOP Senators Rick Scott, Steve Daines, and Kevin Cramer, aligns with a proposal recently embraced by former President Donald Trump. The 3-page bill has sparked discussions among Republicans and has raised concerns from watchdogs about its potential impact on the federal deficit, which could increase by $250 billion or more over a decade.
Sen. Ted Cruz introduced a bill that would exempt tips from the federal income tax. https://t.co/ogePu4Qtlf
Senator Ted Cruz introduces legislation to enact Donald Trump’s proposal to eliminate federal taxes on tips, dismissing concerns that it could increase the deficit https://t.co/k1Czi0EgH4
Ted Cruz introduced legislation to codify Donald Trump’s proposal to eliminate federal taxes on tips, dismissing concerns from watchdogs that it could increase the deficit by $250 b or even more over a decade. Via @StevenTDennis https://t.co/9TQqCf2gEN
On Fire: Ted Cruz Jump on Trump's 'No Tax on Tips' Idea and Introduces Bill https://t.co/r2IEychyzU
ON FIRE: Ted Cruz Jumps on Trump's 'No Tax on Tips' Idea and Introduces Bill https://t.co/r2IEyci6ps
BREAKING: Senator Ted Cruz has just introduced a bill to make tips exempt from federal income taxes. https://t.co/JTbG7kIHuz
Sen. Cruz introduces bill to make tips exempt from federal income taxes. https://t.co/LOZ7L1ND01
New: GOP senators Ted Cruz, Rick Scott, Steve Daines and Kevin Cramer just introduced the “No Tax on Tips Act.” It is an idea Trump recently embraced and has sparked chatter among Republicans. Full text of the 3-page bill 👇 https://t.co/GEzH7kEZvW
Sen. Cruz introduces bill to make tips exempt from federal income taxes | @FoxBusiness https://t.co/2pXE8UrnVW
Cruz on Fox: I intend this coming week to introduce legislation exempting tips from federal income tax. You look at tips. There are a ton of different industries that tips provide vital elements of their compensation, whether you're a waiter or waitress, whether you're a bellhop…