Things to know about ‘no tax on tips,' Trump's tax pledge that's in the GOP budget bill (1 Viewer)

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    Wyatte Grantham-Philips and Jonathan J. Cooper |

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    President Donald Trump's “no tax on tips” pledge became a catchphrase for his 2024 campaign. Now it's inching closer to reality.

    The idea is firmly planted in the sprawling tax cuts package House Republicans passed early Thursday. And in a surprise move, the Senate voted this week to unanimously approve the idea.

    The proposal has widespread support from the public, lawmakers in both parties and employers who believe such a law will bring relief to the working class. But many critics say that it would come with an enormous cost to the government...

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