The max deductible is $25k. Any tips after that are subject to the progressive tax rate.

You can only deduct from cash tips. In a society that's going cashless, this bill is not gonna have a big effect.

And, of course, this bill passed the Senate 100-0. When is congress ever this united over a bill that doesn't somehow screw over Americans?

Democrats probably like it because it's neutered and can then blame Republicans when people find out it's dogshit

Republicans will sell this as a win to their voters who believe any negative news is fake and you're just shilling if you say otherwise.

The max deductible is $25k. Any tips after that are subject to the progressive tax rate.

You can only deduct from cash tips. In a society that's going cashless, this bill is not gonna have a big effect.

And, of course, this bill passed the Senate 100-0. When is congress ever this united over a bill that doesn't somehow screw over Americans?

Democrats probably like it because it's neutered and Republicans will sell this as a win to their voters who believe any negative news is fake and you're just shilling if you say otherwise.