No tax on tips? Here's what that could mean.

Make Me Smart

Marketplace

News, Business

4.6 • 5.4K Ratings

🗓️ 21 May 2025

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Senate unexpectedly passed the No Tax on Tips Act, one of President Trump’s many campaign promises. We’ll explain what’s actually in the bill and where it goes from here. Plus, the Trump administration has officially accepted a $400 million luxury jet from Qatar for use as Air Force One. We’ll get into the grift of it all. Plus, one man’s search for younger looking skin and a manga story to smile about.

Here’s everything we talked about today:

"The Senate passed Trump’s No Tax on Tips Act. Here’s what it could mean." from The Washington Post
"No Tax on Tips Act: What to know about the bill and what comes next" from The Hill
"Republicans Think They Have a Way to Blow Up the Filibuster Without Anyone Noticing" from Slate
"A Terrible Idea" from Just Security
"A 70-Year-Old Man’s Search for Younger-Looking Skin" from The Wall Street Journal
"Defense Department accepts Qatari luxury jet for Air Force One use" from The Washington Post
"Trump Lectures South African President in Televised Oval Office Ambush" from The New York Times
"How Manga Megastar Junji Ito Makes Terrifying Series Like ‘Uzumaki’" from The New York Times
"Shark fisherman uses drone to save teenage girl from rip current at Pensacola Beach" from CBS News

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Transcript

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0:00.0	Hey everybody, I'm Kyle Rosdell.
0:06.6	Welcome back to Make Me Smart.
0:07.8	Where we make today make sense.
0:09.9	And I'm Kimberly Adams.
0:10.9	Thank you, everyone, for joining us.
0:12.6	It is Wednesday, May the 21st.
0:15.5	Wednesday.
0:16.8	The news.
0:17.8	We'll do smiles.
0:18.6	Well, I thought it was like Thursday.
0:19.8	We were going to have some tape.
0:20.5	And then I remember it. I've been a day ahead all week. Anyway, we'll do news. We're doing smiles. Well, I thought it was like Thursday. We were going to have some tape. And then I remember it's, I've been a day ahead all week. Anyway, we'll do news. We'll do a smile or two. And then we will get on about our Mary Wame. As Adams, what do you got? You should go first. Yours is like a bit more newsy. Oh, my God. Well, so there's really, there's honestly, my actual news thing that I want to mention is number three on my list.
0:38.6	But I do feel an obligation to point out some things that are happening in the news.
0:42.0	Number one, and this is how I had it in the rundown, section one, it is grift all the way down.
0:47.8	Subheading A, Defense Department accepts Katari luxury jet for Air Force One use.
0:51.8	Come on, man.
0:57.8	Are you kidding me? It's just forget the emolument clause. Forget all that. This is just, it's ridiculous. It's ridiculous. It's ridiculous. That's it.
1:05.1	And I don't need to say anymore because everybody's seen the news and it's been there. But today it's
1:08.7	official and now it's going to happen, I guess, with a net savings of I don't know how much and it's been there. But today it's official and now it's going to happen,
1:11.3	I guess, with a net savings of, I don't know how much and it's going to take forever to get this
1:15.1	thing functional and secure and anyway. So that's number one. Number two on my list is we're the
1:22.1	bad guys now. Subhead 2A. This is from the New York Times. Trump lectures South African president in televised
	...

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