WASHINGTON—Members of the Senate Republican Conference have told The Epoch Times that they are considering a proposal to increase taxes on wealthy individuals to deliver on one of President Donald Trump’s popular campaign promises: “No tax on tips.”
During his 2024 presidential campaign, Trump repeated the phrase multiple times to win the support of service industry workers, particularly in battleground states such as Nevada, whose income, apart from their regular salary, often includes tips from customers.
Following his inauguration, Trump has reiterated his commitment to the proposal, which may cost the Treasury between $100 billion and $200 billion over 10 years, according to the Bipartisan Policy Center….