Biden backs lifting tips tax

sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill’s Business & Economics Newsletter {beacon} Business and Economics Business and Economics Full text   UAW president slams Trump for being ‘all talk’, contrasts with Harris The United Auto Workers union (UAW) released a new video on […]

Karine Jean-Pierre Tries, Fails to Claim Credit for ‘No Tax on Tips’

White House press secretary Karine Jean-Pierre on Monday tried unsuccessfully to claim credit for a “tip tax free” proposal proposed earlier this summer by former President Donald Trump and supported by Vice President Kamala Harris. As Breitbart News reported, Harris has copied Trump’s “no tax on tips” policy, which he speech “I’m not going to […]

Biden would sign a bill eliminating a tax on tips, White House says

The White House said Monday that President Biden would “absolutely” sign a bill to eliminate taxes on tipped wages if it reaches his desk, supporting a policy first proposed by former President Trump and co-sponsored by Vice President Harris. “This is something the president supports,” spokeswoman Karine Jean-Pierre said at a news conference. “The president […]

Harris ‘copies’ Trump’s no tax on tip policy in Nevada

Vice President Kamala Harris announced her pledge to repeal the tip tax while campaigning in Las Vegas on Saturday, prompting former President Donald Trump to slam her for “copying” one of his signature proposals. The Democratic presidential nominee spent much of his speech sharply criticizing Trump, but opened his speech in a battleground state by […]

IRS Updates Crypto Tax Form, Drops Wallet Address Requirement – Decrypt

The United States tax agency has released revised forms for crypto investors, aiming to simplify taxes for digital asset holders. The 1099-DA, released as a draft on Friday, will provide “easier and clearer” reporting for tax filers with cryptocurrency investments, the IRS said in a statement on Friday. The revised form removes requirements from the […]