Trump's Big, Beautiful Bill, now signed into law, mandates no tax on tips, overtime, or social security.
Trump's Big, Beautiful Bill, now signed into law, mandates no tax on tips, overtime, or social security.
But it only lasts until the end of the end of the 2028 Presidential election year. It’s basically a nationwide bribe to get votes.
Social security is not part of the bill
Read the fine print 🙄
Not all true
Whitewashed info…
Isn't the standard deduction like $15k these days? I doubt most people would even be able to take advantage of these
The devil is in the details.
To say this is an oversimplification is being generous.
The SS Admin. is lying to us now. Happy Fourth of July!
Make sure to let HR managers know that when taxes still come out of employee paychecks, those employees have to wait for their money and file more complicated taxes to get their capped off deduction. lol the faces they’re about to see.
Half of that isn't true.
Unusual trash post.
Unfollowed.
This is not directed at you specifically, you’re just the first of many “unfollowing” responses. Please, take some real action and report the post as well. Help solve the problem. Unfollowing isn’t really a brag. Reported original post as misleading.
There’s no bragging here. I opted for brevity, you filed a report. There’s enough room under the sky for both of us.
Again, it was for the room, not you specificallu. I started with that. You’re missing the point.
Shame on Unusual Whales. This is pure misinformation as SS tax was not an issue. Too many question marks on your page, in an age where this is not acceptable. I'm out unsubscribed thanks.
No it does not
No it doesn’t. It says NOTHING about social security. Overtime and tips are done with complicated, messy formulas that businesses will take bc advantage of and are more than offset by new costs
This isn’t true.
more misinformation. Fascinating (derogatory)
Expiration dates? C'mon @unusualwhales.bsky.social you can do better
For people making over 25,000?
Santa is also now real
More and more you post crap like this without an actual source. You’re either naive or a liar. Anyway, time to unfollow.
Umm. Not entirely true as many have already pointed out.
Well with those lies I’m unfollowing…
Uuuuuuunnnnnnnfollow
www.forbes.com/sites/alison...
Point out the Social Security mention
That's what they are saying, but social security is still tipped and there are caps for tips and overtime.
This is a lie. Only first $25k on tips are exempt. Taxes on SSI still in effect with an additional standard deduction capped at $6k for seniors. Overtime exemption also phases out. Not everyone is eligible for the exemption on tips
You left out so many asterisks here...
You keep saying this line about social security but it’s not true. Delete this and try again. Quit spreading the propaganda
Are you sure about that?
Someone didn't do their research
social security? really? not actually.
Hmmm…no tax on tips if you don’t make $25K, itemize (losing the automatic $15K deduction), pay for someone to file since there will be no direct filing with IRS…state taxes on social security stays (by far the biggest tax on SS)…seems like there is a bit of exaggerating going on here
No tax on tips expired 2028. Dems supported permanent no tax on tips.
I’m just excited that I get to pay $900+ more a month in health care premiums starting in 2026.
Wow fucker you also missed the part where we all lose healthcare
Lol, right bro
The no tax on tips expire in 2028, while the tax cuts for corporations are permanent.
Gump ass bozo probably nobody loves in real life
Propaganda boot licking ass now?! FALSE SHIT UNFOLLOWED MAGA BUM
Narrator: "It does none of those things"
Who’s your Daddy🤨
Try not to quote propaganda if you want to maintain credibility
Unusual Whales voted for Trump.
Took 1.2 seconds to unfollow you.
Unusual Whales. Do better!
Are you referring to H.R. 1 that just passed? Weird you would call it that name. Also that’s not true about social security, and the tips and overtime part are capped so low as to make it pretty meaningless.
Unfollowed for spreading lies
Wtf are you doing spreading lies?
Adios.
This is false
Except when it actually doesn't, which is most of the time.
This is all false, and you should research what's actually in the bill before misinforming people.
Seriously?
@unusualwhales.bsky.social fake news!
Misinformation at its best
Wait staff are just like billionaires - no tax.
No tax on 25k of tips. Social security not included. C'mon mayne
Except it doesn’t. Christ almighty, you guys.
Not true. Do your research.
Probably a delete worthy post here.
Can you be more specific?
no this account’s been running misinformation all day
Great. That’s all we need.
It's not actually "no tax on Social Security", it's an exemption. If you're under 65 or already low income (many seniors get SS of less than $1200/month) it won't lower your taxes. If you earn more than a certain amount (e.g., a couple with one still working filing jointly), you may not qualify.
Are you getting a cut to say these things? You know that’s either fully wrong or very disingenuous
Unfollowed. If you can’t get your facts straight, you’re fucking useless.
No tax on social security isn’t true. No tax on tips only applies in very limited situations that essentially won’t come to pass. This is borderline misinformation.
This is a VERY FALSE statement.
Dollar and time limits apply and you’re still paying tax on SS earnings but may qualify for a limited time senior deduction.
Did you get hacked? What a ridiculous propaganda post, as none of it is fully supported by the facts/text of the bill.
Unusual whales had always been a sane-washer
Lies!