GOP’s No Tax on Tips Plan: Real Deal or Election Gimmick?

Is the GOP’s new “No Tax on Tips” proposal a genuine win for service workers — or just a clever election-year move?

In this video, we break down:

How the No Tax on Tips plan actually works

Who qualifies — and who doesn't

Why it might disappear after 2028 👀

The political timing behind it (yep… it's aligned with the next presidential election)

What counts as a “real” tip and why bonuses don’t make the cut

What payroll taxes still apply (spoiler: Social Security & Medicare still bite)

💡 If you earn tips, you’ll want to hear this before you start counting your tax refund.

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📌 Let us know in the comments: Is this a real win — or just vote bait?
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📜 Disclaimer
The content in this video is for educational and entertainment purposes only. While we aim to provide accurate and up-to-date information about cryptocurrency taxation, this is not intended as legal, tax, or financial advice. Always consult with a qualified tax professional to ensure compliance with IRS regulations and accurate reporting of your cryptocurrency transactions.