Ted Cruz Promotes Bill to Enact Trump’s Tax-Free Tips Proposal

Budget watchdogs warn shift could cost $250 billion or more
Trump proposal has quickly gained backing of many Republicans

WATCH: Republican Senator Cruz talks about the “Take it Down Act” he introduced to Congress and how it combats deep fakes and revenge porn online.Source: Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Steven T. Dennis

June 20, 2024 at 11:23 PM UTC

This article is for subscribers only.

Senator Ted Cruz of Texas has introduced legislation to codify Donald Trump’s proposal to eliminate federal taxes on tips, dismissing concerns from budget watchdogs that it could increase the deficit by $250 billion or even more over a decade.

Cruz, along with many other congressional Republicans, have quickly championed the idea since Trump raised it at a rally in Las Vegas on June 9. The party has made inflation under President Joe Biden a centerpiece of its November election campaign and wants to fit the challenges faced by workers who rely on tips into that narrative.