Rep. Horsford Introduces Tipped Workers Bill

The City Council has approved a $194 million budget for FY2025, which includes a 3% employee pay raise and an increase in the minimum wage for city workers to $15/hour, responding to concerns about high turnover rates linked to compensation. Additionally, the tax rate has been reduced by 4% to $0.4707 per $100 property valuation, despite a misleading description in official documents that referred to it as a 'tax increase.' Meanwhile, Rep. Steven Horsford has introduced the Tipped Income Protection and Support (TIPS) Act, inspired by a proposal from Donald Trump, which aims to eliminate taxes on tips for service workers and abolish the subminimum wage. This legislation seeks to provide federal income relief to tipped workers, particularly in Nevada, which could have significant electoral implications for politicians. However, experts caution that the overall economic impact may be limited, as many tipped workers do not earn enough to benefit from tax exemptions. The debate continues over the implications of these proposals for worker compensation and economic justice.