Press Releases
Bacon Introduces Five Bills to Ease Taxes for Americans
Washington,
January 22, 2025
Tags:
Jobs & Economy
Bacon Introduces Five Bills to Ease Taxes for Americans Washington – Rep. Don Bacon (NE-02) today announced that he re-introduced five bills from last session that directly address the tax burdens suffered by so many Americans: H.R. 561: Overtime Pay Tax Relief Act of 2025: This bill would amend the Internal Revenue Code of 1986 to establish a deduction for certain overtime payments. H.R. 560: Second Job Tax Relief Act of 2025: This bill would amend the Internal Revenue Code of 1986 to exclude compensation from secondary employment for certain taxpayers from the income tax and payroll taxes. H.R. 559: Seniors in the Workforce Tax Relief Act: This bill would amend the Internal Revenue Code of 1986 to establish an above-the-line tax deduction for seniors H.R. 558: Tip Tax Termination Act: This bill would amend the Internal Revenue Code of 1986 to provide that certain tips shall not be subject to income taxes for a period of 5 years. H.R. 557: Working Class Bonus Tax Relief Act of 2025: This bill would amend the Internal Revenue Code of 1986 to establish a deduction for certain amounts received as a bonus. “Americans are suffering from burdensome inflation, picking whether to buy groceries or pay their electric bill and they want us to do something about it,” said Bacon. “Last session I introduced these bills, and I will continue to fight for meaningful tax relief.”
“The people made it clear last November that they want something done to alleviate their financial hardship. These bills are a first step in the right direction,” added Bacon. “I will work with Congress and President Trump to get these across the finish line.”
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