Market
Will a bill to eliminate federal taxes on tips pass by end of 2025?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official records from the US Congress or 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.
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Passed House only • 25%
Not passed in either chamber • 25%
Passed and signed into law • 25%
Passed Senate only • 25%
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Yes • 50%
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Equal bipartisan support • 25%
Majority Republican support • 25%
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Moderate increase in reported income • 25%
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Passed and implemented • 25%
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