Re:"No Tax on Tips" Includes Digital Creators, Too
by arctics on Wednesday September 10, 2025 @01:22PM
(#45200871)
Generally correct, low income digital creators will benefit the most since "No Tax on Tips" will reduce their taxable income by 50% or more in comparison to someone who earns close to 150k which isn't a low income according to BLS as you pointed out.
[ Parent
| on HN ]
Re:"No Tax on Tips" Includes Digital Creators, Too
by cma on Wednesday September 10, 2025 @06:20PM
(#45204812)
If you look at tax brackets plus the standard deduction lowering the bracket it affects, it will be a flat or regressive change in take home income amongst the cohort until at $90K or maybe a bit more, double median income, where you can start writing off against the 22% bracket. Assuming 50% tips.