• SENATE PASSES ‘NO TAX ON TIPS’ BILL — HERE’S HOW IT DIFFERS FROM THE HOUSE VERSION

    In a major win for service workers and the working-class agenda, the U.S. Senate has passed the “No Tax on Tips Act”, aligning with one of President Trump’s key campaign promises.

    But while the House version was buried in the broader One Big Beautiful Bill, the Senate’s version is standalone, streamlined, and specific—and that could change everything.

    Key Differences Between Senate & House Versions:
    Senate Bill:
    Exempts up to $25,000 in cash tips from federal income tax for workers making under $160,000 annually.
    Expands employer payroll tax credits for grooming, hospitality, and care industries.
    Not tied to a time window—potentially permanent.

    House Version (Part of OBBB):
    Offers similar tax relief, but limited to 2025–2028.
    Broader scope, bundled with unrelated reforms like SALT caps and overtime deductions.
    No specific expansion for employer-side credits.

    Why It Matters:
    Tens of millions of tipped workers—waitstaff, barbers, rideshare drivers, delivery folks—stand to save thousands each year.
    Critics say the policy helps higher earners more than low-wage workers and could cost the U.S. Treasury $10–15 billion annually.
    Supporters say it’s a game-changer for workers living off daily grind, not W-2 comfort.

    🏛 What’s Next:
    The House and Senate must reconcile their bills—one big and bundled, the other lean and focused. All eyes are on how Trump and Speaker Johnson will steer the final version to the President’s desk.

    #NoTaxOnTips #SenateBill #TrumpAgenda #ServiceWorkers #TaxRelief #WorkingClassWins #BETTRNews #JSA2026 #MAGA2026 #OneBigBeautifulBill
    https://www.forbes.com/sites/kellyphillipserb/2025/05/21/senate-passes-a-no-tax-on-tips-bill-heres-how-it-differs-from-house-version/?utm_medium=social&utm_campaign=socialflowForbesMainFB&utm_source=ForbesMainFacebook&fbclid=IwZXh0bgNhZW0CMTEAAR4OcAL_dPl6K_lVh9tjJFJFvsNhJWluUb3SX_Ng2888Tnf9f6xQrUHBrdqC4g_aem_bjechTJozmAptnPRUR7PyA
    🧾 SENATE PASSES ‘NO TAX ON TIPS’ BILL — HERE’S HOW IT DIFFERS FROM THE HOUSE VERSION In a major win for service workers and the working-class agenda, the U.S. Senate has passed the “No Tax on Tips Act”, aligning with one of President Trump’s key campaign promises. But while the House version was buried in the broader One Big Beautiful Bill, the Senate’s version is standalone, streamlined, and specific—and that could change everything. 🔍 Key Differences Between Senate & House Versions: Senate Bill: Exempts up to $25,000 in cash tips from federal income tax for workers making under $160,000 annually. Expands employer payroll tax credits for grooming, hospitality, and care industries. Not tied to a time window—potentially permanent. House Version (Part of OBBB): Offers similar tax relief, but limited to 2025–2028. Broader scope, bundled with unrelated reforms like SALT caps and overtime deductions. No specific expansion for employer-side credits. 💬 Why It Matters: Tens of millions of tipped workers—waitstaff, barbers, rideshare drivers, delivery folks—stand to save thousands each year. Critics say the policy helps higher earners more than low-wage workers and could cost the U.S. Treasury $10–15 billion annually. Supporters say it’s a game-changer for workers living off daily grind, not W-2 comfort. 🏛 What’s Next: The House and Senate must reconcile their bills—one big and bundled, the other lean and focused. All eyes are on how Trump and Speaker Johnson will steer the final version to the President’s desk. #NoTaxOnTips #SenateBill #TrumpAgenda #ServiceWorkers #TaxRelief #WorkingClassWins #BETTRNews #JSA2026 #MAGA2026 #OneBigBeautifulBill https://www.forbes.com/sites/kellyphillipserb/2025/05/21/senate-passes-a-no-tax-on-tips-bill-heres-how-it-differs-from-house-version/?utm_medium=social&utm_campaign=socialflowForbesMainFB&utm_source=ForbesMainFacebook&fbclid=IwZXh0bgNhZW0CMTEAAR4OcAL_dPl6K_lVh9tjJFJFvsNhJWluUb3SX_Ng2888Tnf9f6xQrUHBrdqC4g_aem_bjechTJozmAptnPRUR7PyA
    WWW.FORBES.COM
    Senate Passes A “No Tax On Tips” Bill—Here’s How It Differs From House Version
    In a surprise move, the Senate passed the No Tax on Tips Act which would allow up to a $25,000 deduction for workers who typically receive tips.
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  • JSA2026 Proposes 2-Year Tax-Free Incentive for NY Startups and Relocating Businesses

    Jason S. Arnold’s campaign has released the BETTR NY Business Kickstart Act, a bold plan to give all new businesses in New York — or companies relocating from out of state — a full 2 years tax-free.

    This includes:

    No business income tax for 24 months

    Waived filing, registration, and license fees

    A state-run startup concierge service

    Bonus incentives for hiring NY residents in distressed counties

    While Albany chokes small business with regulations and fees, JSA2026 is putting the power back in the hands of builders, creators, and entrepreneurs.

    Let’s make New York the best place to start again — not the worst place to start at all.

    #JSA2026 #TheRightOne #FixNY #SmallBusiness #TaxRelief
    https://jsa2026.com/jsa2026-campaign-proposes-a-bold-2-year-tax-free-incentive-for-new-yorkers-starting-businesses-or-relocating-companies-to-ny-learn-more/
    🧾 JSA2026 Proposes 2-Year Tax-Free Incentive for NY Startups and Relocating Businesses Jason S. Arnold’s campaign has released the BETTR NY Business Kickstart Act, a bold plan to give all new businesses in New York — or companies relocating from out of state — a full 2 years tax-free. This includes: No business income tax for 24 months Waived filing, registration, and license fees A state-run startup concierge service Bonus incentives for hiring NY residents in distressed counties While Albany chokes small business with regulations and fees, JSA2026 is putting the power back in the hands of builders, creators, and entrepreneurs. Let’s make New York the best place to start again — not the worst place to start at all. #JSA2026 #TheRightOne #FixNY #SmallBusiness #TaxRelief 🔗 https://jsa2026.com/jsa2026-campaign-proposes-a-bold-2-year-tax-free-incentive-for-new-yorkers-starting-businesses-or-relocating-companies-to-ny-learn-more/
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  • New York Finalizes Massive $254 Billion Budget Deal for FY 2026
    Governor Kathy Hochul and state lawmakers have reached a final agreement on a $254 billion state budget for fiscal year 2026. Key highlights include middle-class tax relief, major investments in K-12 education, and expanded infrastructure upgrades statewide. While Hochul calls it a “people-first budget,” critics argue it still lacks oversight on spending and fails to address outmigration concerns.

    #NYSbudget #Hochul #NewYorkPolitics #EducationFunding #TaxRelief #Infrastructure #BETTRnews

    Full story: https://www.fingerlakes1.com/2025/04/29/fy-2026-new-york-state-budget-2026/
    📊 New York Finalizes Massive $254 Billion Budget Deal for FY 2026 Governor Kathy Hochul and state lawmakers have reached a final agreement on a $254 billion state budget for fiscal year 2026. Key highlights include middle-class tax relief, major investments in K-12 education, and expanded infrastructure upgrades statewide. While Hochul calls it a “people-first budget,” critics argue it still lacks oversight on spending and fails to address outmigration concerns. #NYSbudget #Hochul #NewYorkPolitics #EducationFunding #TaxRelief #Infrastructure #BETTRnews 👉 Full story: https://www.fingerlakes1.com/2025/04/29/fy-2026-new-york-state-budget-2026/
    WWW.FINGERLAKES1.COM
    Hochul, lawmakers finalize $254B FY 2026 New York State Budget | Fingerlakes1.com
    Governor Hochul announces FY 2026 New York State Budget deal with $5,000 in savings for families, safer subways, and historic investments.
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