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Event Brief

New Tax Deduction for Tipped Workers

Workers can save an average of $1,400 with a new deduction on tips.
WHO: Andrew Lautz, Bipartisan Policy Center
WHAT: New tax deduction for tipped workers
WHEN: Feb 23, 2026 at 12:49 PM ET
WHERE: USA
WHY: To lower the tax burden on workers receiving tips
Sources (1): CBS News

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