We cut taxes on up to $12,500 of overtime pay for more than 80 million hourly workers. This is estimated to increase yearly take home pay by more than $1,400. The bill also eliminates federal taxes on up to $25,000 of tips for Americans 4 million tipped workers. As a former waitress, I know how valuable this provision would be and this applies to all tips. Whether there are tips that are cash or on credit. (02:24–02:35)
CLAIM
Asserts that the bill removes federal taxes on $25,000 of tips for 4 million workers.
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