Rep. Alexandria Ocasio-Cortez (D-N.Y.) took aim Wednesday at the $25,000 cap on the “no tax on tips” provision included in the
Senate-passed version of President Trump’s “big, beautiful” spending and tax bill.
“As one of the only people in this body who has lived off of tips, I want to tell you a little bit about the scam of that text, a little bit of the fine print there,” Ocasio-Cortez said during her floor speech, amid debate on the
rule for the revised megabill.
“The cap on that is $25,000,” she said, “while you’re jacking up taxes on people who make less than $50,000 across the United States, while taking away their [Supplemental Nutrition Assistance Program] program, while take taking away their Medicaid, while kicking them off of the [Affordable Care Act] and their health care extensions.”
The reconciliation package, which advanced back to the House after Vice President Vance cast a
tie-breaking vote Tuesday, includes a $25,000 cap on the amount of tips workers can claim in their deductions. The lower chamber’s bill, which was passed in May, did not place a cap under the “no tax on tips” provision — one of
Trump’s campaign promises.
Comment:
Most working people would love to get a $25,000 tax break.
AOC reminds me of when Nancy Pelosi called Trump's first term tax cut bill "crumbs" for middle class workers.
The truth is that in left wing economics the working people are plow horses for the government spending.
The Democrats must be fearing that their slaves might escape.
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