President Trump says, "It's amazing what we've done. No tax on tips. No tax on Social Security for our seniors. No tax on overtime." 🇺🇸 President Trump signed the “One Big Beautiful Bill” into law on July 4, 2025, delivering on three of his most prominent campaign promises: no tax on tips, no tax on overtime, and tax relief on Social Security for seniors. The no-tax-on-tips provision alone reaches millions of Americans in the service industry who have been reporting and paying taxes on every dollar customers hand them for decades, and the overtime deduction is aimed squarely at the hourly workers who voluntarily grind extra shifts to get ahead but watched the government take a cut of every additional hour.