God dammit i typo'd "minimum wage" i meant "social security" for the third bullet, my bad
What I'm hearing that is either helpful for the lowest earners or unhelpful to "businesses and things of that sort":
No tax on:
- tips
- overtime
- minimum wage
Tax loopholes proposed closed:
- carried interest tax deduction
- sports team owners special tax break
These are among the proposals so far, though Congress would need to act to make it happen.
You won't hear it on Reddit, I'm sure.
https://www.axios.com/2025/02/06/trump-no-tax-on-tips-social-security-overtime
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