Market
Will Congress pass legislation to exclude gratuities from federal taxation by end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official Congressional records and announcements
Story
At First Rally Since Inauguration, Trump Vows "Tips Are 100% Yours" in Las Vegas
Jan 25, 2025, 08:03 PM
President Donald Trump held his first post-inauguration rally in Las Vegas on Saturday, where he reiterated his pledge to eliminate federal taxes on income from tips, fulfilling a key campaign promise to Nevada voters. Speaking at the Circa Las Vegas hotel on Fremont Street, Trump declared that tips should be "100% yours" and announced he is working with Congress on legislation to exclude gratuities from federal taxation. The initiative aims to boost the earnings of hospitality and service industry workers in Las Vegas, which has the highest concentration of tipped workers in the nation. This move is expected to be welcomed in a city built on gambling and hospitality, allowing workers to take home a larger portion of their gratuities.
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Passed and signed into law • 25%
Passed House only • 25%
Not passed in either chamber • 25%
Passed Senate only • 25%
No majority support • 25%
Majority Republican support • 25%
Majority Democrat support • 25%
Equal bipartisan support • 25%
No significant change • 25%
Decrease in reported income • 25%
Moderate increase in reported income • 25%
Significant increase in reported income • 25%