Official Congressional records and Presidential signing statements

Nevada Senators Rosen and Cortez Masto Back No Taxes on Tips Act, Joining Bipartisan Support

Jul 13, 2024, 03:00 PM

Nevada's U.S. Senators, Jacky Rosen and Catherine Cortez Masto, have endorsed the No Taxes on Tips Act, a bill that aims to eliminate federal income tax on tips. The bill, originally proposed by Texas Senator Ted Cruz and influenced by former President Donald Trump, has garnered bipartisan support. Nevada has the highest percentage of tipped workers, who are currently facing financial strain due to rising costs. The Culinary Union, which initially dismissed the bill as a campaign stunt, has also thrown its support behind the legislation. The measure would allow taxpayers to claim a 100% above-the-line deduction for tipped wages, including cash, credit, debit, and checks. This policy shift is seen as a significant financial relief for service and hospitality staff in Nevada. Senators Rosen and Cortez Masto are the first Democrats to support the bill. The Culinary Union's position changed between June 9 and July 12. The endorsement has implications for the Nevada Senate race, particularly for Sam Brown.