And I know from talking to a lot of young people who are just starting out as I did at that point in my life that they are welcoming the fact that Now they can don't have to pay taxes on income from tips up to $25,000. But it doesn't just affect people who wait on tables in restaurants, hairstylists. Anyone who receives tips as part of their compensation will benefit. And then there's no tax on overtime. (05:18–05:27)
CLAIM
Asserts that income from tips up to $25,000 is not taxed.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
