Late May reporting indicates that 19 states have already fully implemented President Donald Trump’s One Big Beautiful Bill Act “no tax on tips.”No tax on tips allows workers to deduct up to $25,000 of their income from their federal taxes. For millions of families, that will prove enough to pay off some of their highest monthly budgetary line items, including rent and food expenses. But the 2026 tax cut party doesn’t have to end there. The Treasury Department already has the tools it needs to provide critical tax relief to America’s small businesses.
IT’S TIME TO PASS THE SECURE DATA ACT
There wouldn’t be any drawn-out negotiations, bloated legislative packages stuffed with unrelated provisions, or obstructionism from lawmakers who struggle to support even straightforward tax relief. All the president would need to do is direct his Treasury Department to fix what economist Steve Moore — one of the architects of his landmark 2017 tax cut package — called a flawed congressional interpretation of the president’s signature tax law.
When Congress passed Trump’s Tax Cuts and Jobs Act, it lowered taxes on corporations and created the 20% pass-through deduction, Section 199A, to ensure small businesses received comparable relief. The goal was to put everyone on the same playing field — with no special favors, earmarks, or giveaways — to ensure every entrepreneur has maximal opportunity to grow.
