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KOLO | 8 News Now | Reno, NV

KOLO | 8 News Now | Reno, NV

Business

Business & Economics

No Tax on Tips Act reintroduced to Congress and local business owners are speaking up

KOLO | 8 News Now | Reno, NV
Summary
Nutrition label

72% Informative

Nevada has the highest concentration of tipped workers in the nation.

All cash and non-cash tips are currently subject to federal taxes.

The bill exempts “cash tips” from federal income tax by allowing taxpayers to claim a 100% deduction at filing for tipped wages.

Local business owners are speaking up on the proposed bill.

VR Score

71

Informative language

67

Neutral language

60

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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