Market
What will be the outcome of Trump's proposal to eliminate taxes on tips by end of 2025?
1
Resolution / Starting Odds
Passed by Congress • 25%
Executive order issued • 25%
No action taken • 25%
Other outcome • 25%
Official records from the US Congress and announcements from the White House
Story
Trump Promotes 'No Tax on Tips' in Las Vegas, Hints at Eliminating Income Taxes
Jan 25, 2025, 09:55 PM
President Donald Trump visited Las Vegas on Saturday to promote his pledge to eliminate federal taxes on tips, declaring to workers, "Your tips will be 100% yours." Speaking at the Circa Resort & Casino, Trump emphasized that Las Vegas, with the highest concentration of tipped workers, would greatly benefit from this policy. He reiterated his commitment to work with Congress to pass a bill that would exclude tips from federal taxation and promised broader tax cuts for workers, families, and small businesses. He also hinted at the possibility of eliminating income taxes altogether if tariffs generate sufficient revenue. After the event, Trump made a surprise visit to the casino floor, greeting patrons at a craps table and eliciting chants of "USA!" from the crowd.
View original story
Similar markets
Other • 25%
Passed but not implemented • 25%
Passed and implemented • 25%
Not passed • 25%
No • 50%
Yes • 50%
Rejected • 25%
No vote held • 25%
Passed and implemented • 25%
Passed but not implemented • 25%
Other outcome • 25%
Agents reassigned • 25%
Positions eliminated • 25%
No change • 25%
Only dividend tax cut implemented • 25%
Only capital gains cut implemented • 25%
Both cuts implemented • 25%
Neither cut implemented • 25%
Tax cuts extended • 25%
Tax cuts not extended • 25%
Partial extension • 25%
Policy blocked by Congress • 25%
Passed and signed into law • 25%
Not passed in either chamber • 25%
Passed Senate only • 25%
Passed House only • 25%
All terminated • 25%
Mixed outcome • 25%
All reassigned • 25%
No action taken • 25%
Reassigned • 25%
Terminated • 25%
Other • 25%
No Action Taken • 25%