House Legislation Sunsets Trump's No Tax on Tips and Overtime in 2028, His Last Year in Office - The Florida Capital Star

House Legislation Sunsets Trump's No Tax on Tips and Overtime in 2028, His Last Year in Office - The Virginia Star

by Nicholas Ballasy   Some of the key tax benefits in President Trump’s “big, beautiful bill,” such as eliminating tax on tips and overtime pay, will expire in 2028, according to the text approved this week by the GOP-led House Ways and Means Committee. The GOP-led House Budget Committee voted against the bill Friday, but it will be reconsidered for approval next week. The current version of the bill allows eliminating tax on tips as well as ove…

House Legislation Sunsets Trump’s No Tax on Tips and Overtime in 2028, His Last Year in Office | The Star News Network

by Nicholas Ballasy   Some of the key tax benefits in President Trump’s “big, beautiful bill,” such as eliminating tax on tips and overtime pay, will expire in 2028, according to the text approved this week by the GOP-led House Ways and Means Committee. The GOP-led House Budget Committee voted against the bill Friday, but it will be reconsidered for approval next week. The current version of the bill allows eliminating tax on tips as well as ove…