WASHINGTON, April 1 -- The House Ways & Means Committee Chairman issued the following news release:
WASHINGTON, D.C.- No Tax on Tips is allowing America's tipped workers to keep more of their hard-earned money instead of forking it over to the IRS. The provision will cut taxes, on average, by $1,300 for tipped workers and contribute to the largest tax refund season in American history. Over 3.5 million tipped taxpayers have already benefited from this new tax relief. Overall, nearly half of all taxpayers who have filed as of March 10 have claimed at least one of the new tax cuts in the Working Families Tax Cuts.
"President Trump knew working-class families, many of them tipped workers, were hit hardest by the inflation crisis caused by Jo...