Posted originally on the CTH onJune 12, 2024 | Sundance

Last week President Trump proposed a new tax policy he would work to get passed by the legislative branch.  President Trump wants to eliminate income taxes on tips given by customers to servers and service employees.

Speaking in Nevada, President Trump remarked, “so this is the first time I’ve said this, and for those hotel workers and people that get tips you’re going to be very happy because when I get to office, we are going to not charge taxes on tips people (are) making,” Trump told a crowd of thousands.

President Trump said he would “do that right away, first thing in office,” and noted in his remarks that he would seek legislation in Congress to make the change. “You do a great job of service; you take care of people and I think it’s going to be something that really is deserved.”  WATCH:

LAS VEGAS (Reuters) -Republican presidential candidate Donald Trump told a rally in Las Vegas on Sunday that he would seek to end taxation of income from tips, a direct appeal to service workers in the swing state of Nevada, which polls suggest is leaning his way ahead of the Nov. 5 election. (LINK)

In addition to being a great financial and economic policy for the middle-class and working-class service industry, this position also solidifies a value in cash against the creation of a federal reserve digital currency.

Additionally, someone on the Twitter had a great idea for when you leave a tip at a restaurant.

Write on the restaurant check: “Vote Trump – Earn tax free tips” :))