▲ | cma 5 days ago | |||||||
Median single income in the US was around $45,000 in 2024. $150K is not low income. It goes to $300K if filing jointly. Major creators may still not get much since it's a power law distribution, but the tips thing is in no way limited to low income. | ||||||||
▲ | arctics 5 days ago | parent [-] | |||||||
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. | ||||||||
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