Market
Will Trump's initiative to exclude gratuities from federal taxation be implemented by end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the IRS or relevant federal agencies
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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No action taken • 25%
Other outcome • 25%
Passed by Congress • 25%
Executive order issued • 25%
Not passed in either chamber • 25%
Passed House only • 25%
Passed and signed into law • 25%
Passed Senate only • 25%
