'No Tax on Tips' apparently also applies to your favorite streamer
The article discusses how the "No Tax on Tips" policy, part of the One Big Beautiful Bill signed into law by President Donald Trump in 2024, applies to streamers, YouTubers, and other digital content creators. The policy allows for a tax deduction on tips received, such as Twitch "Bits" and YouTube "Super Thanks." While the deduction has limits and some exceptions, it could potentially reshape the creator economy, as tips from fans could go untaxed. The article notes that the policy was one of Trump's campaign promises and was included in the broader bill, which also made significant cuts to social welfare and clean energy spending.
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