Project 2025 No Tax On Tips. Tpc figures exempting tips from income tax would reduce federal revenue by $6.5 billion in 2025, while capping the benefit to those making $75,000 or less would limit the. With a continuing resolution for fiscal 2025 appropriations, the fiscal 2025 national defense authorization act, and the farm bill competing for action, there’s likely no room for.
Or, higher earners could take unfair advantage of the policy without proper. Change the definition of tips in the internal revenue code so they are not treated as.