Economy

For more information concerning work and views related to Economy, please contact our office.
More on Economy
Michael Lyle
U.S. Rep. Steven Horsford is bringing forward legislation that not only eliminates the federal income tax on tips but also seeks to abolish subminimum wages for tipped workers.
And the Tipped Income Protection and Support (TIPS) Act, which he plans to introduce this month, will also include provisions designed to prevent employers or high-end earners from exploiting the elimination of federal taxation of tips, he said during a call Tuesday.
Michael Lyle
Culinary Workers Union Local 226 members and a Nevada congressman hope to capitalize on a popular proposal to eliminate taxes on tips and push for a federal ban on letting employers pay tipped workers subminimum wages.
By Mark A. Kellner
LAS VEGAS — Rep. Steven Horsford, Nevada Democrat and chair of the Congressional Black Caucus, has signed on to a GOP-sponsored House bill to make tipped wages tax-free.
Horsford, a four-term House member who escorted President Biden during the latter’s abortive Vegas visit last week, came out Sunday in support of Vice President Kamala Harris’s bid to become the Democrat’s Presidential candidate.
The House measure, introduced by Rep. Byron Donalds, Florida Republican, apparently mirrors a Senate bill launched July 9 by Sen. Ted Cruz, Texas Democrat.
WASHINGTON – Today, Congressman Steven Horsford (NV-04) applauded the recent federal investments in Registered Apprenticeships by the Biden-Harris Administration. These investments are the largest federal commitment to modernize, diversify, and expand Registered Apprenticeships in US History.
WASHINGTON – Today, Congressman Steven Horsford (NV-04) and Senator Jacky Rosen (NV) sent a joint letter to the Department of Housing and Urban Development (HUD), requesting an increase in the Southern Nevada Regional Housing Authority’s (SNRHA) Housing Choice Vouchers allocation by 10,000 vouchers over five years. This request aims to address the affordable housing crisis in Nevada and provide greater flexibility in voucher administration to better serve low-income households.
WASHINGTON – Congressman Steven Horsford (NV-04) applauded the achievements of the Black Homeownership Collective for their three years of work dedicated to closing the Black homeownership gap and creating 3 million new Black homeowners by 2030. He released the following statement:
In a House Financial Services Committee hearing, Congressman Steven Horsford addressed Secretary of the Treasury Janet Yellen on the urgent affordable housing crisis in Nevada. He emphasized the importance of the Low-Income Housing Tax Credit (LIHTC) and proposed improvements for greater efficiency and transparency.
