Sen. Cruz, Colleagues Introduce No Tax on Tips Act
June 20, 2024
June 20, 2024
WASHINGTON, June 20 -- Sen. Ted Cruz, R-Texas, issued the following news release:
Sen. Ted Cruz (R-Texas) today introduced legislation to exempt tips from being subject to taxation under the federal income tax, the No Tax on Tips Act. The bill is co-sponsored by Sens. Steve Daines (R-Mont.), Rick Scott (R-Fla.), and Sen. Cramer (R-N.D.), and has the support of industry groups including the National Restaurant Association.
Upon introduction, Sen. Cruz said, "America . . .
Sen. Ted Cruz (R-Texas) today introduced legislation to exempt tips from being subject to taxation under the federal income tax, the No Tax on Tips Act. The bill is co-sponsored by Sens. Steve Daines (R-Mont.), Rick Scott (R-Fla.), and Sen. Cramer (R-N.D.), and has the support of industry groups including the National Restaurant Association.
Upon introduction, Sen. Cruz said, "America . . .