Make Me Smart No tax on tips? Here's what that could mean.
May 21, 2025
The Senate has unexpectedly passed a bill eliminating taxes on tips, stirring debate on its implications. In political twists, the Pentagon accepts a luxury jet from Qatar for Air Force One use, raising ethical questions. Meanwhile, a heartwarming rescue story features a shark fisherman using a drone to save a young girl from a rip current. The cultural impact of manga is explored, spotlighting the eerie works of Junji Ito, and reflecting on the shifting appreciation for anime and comics in today’s society.
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No Tax on Tips Act Passed
- The Senate passed the No Tax on Tips Act, creating a federal income tax deduction on reported cash tips up to $25,000 annually.
- This act may incentivize more accurate tip reporting to the IRS, helping low-income workers and providing clearer income data.
GOP's Strategy to Override EPA Waiver
- Republicans plan to use the Congressional Review Act to overturn California's EPA waiver, despite it not being a traditional regulation.
- This could undermine the filibuster and permanently block the EPA from issuing similar waivers, reshaping administrative law.
Drone Saves Girl From Rip Current
- A Florida shark fisherman with a seizure disorder uses a drone to go shark fishing instead of kayaking.
- He saved a teenage girl caught in a rip current by delivering a flotation device with his drone until first responders arrived.
