Earlier this week the senate passed Donald Trump’s bill which removed taxes on tips for service industry workers. While this might sound like good news, one woman on TikTok explained why it’s not actually as helpful to people as the GOP would have you believe.
According to TikToker Nomad Jess (@justjessbea) there is one minor detail in the fine print of the bill which renders this change effectively useless. The tax reduction on tips applies to cash tips only, something which is a rare occurrence in this modern world. Most people nowadays will tip via card or by scanning QR codes. According to Jess that means a majority of the tips people working in the service industry make will still be taxable.
