During the 2024 Republican National Convention in Milwaukee, presidential nominee Donald Trump promoted his proposal to eliminate taxes on tips. Sen. Ted Cruz (R-Texas) is on board with Trump’s plan, introducing a bill that would eliminate federal income taxes on tips. Cruz’s bill has been dubbed the No Taxes On Tips Act of 2024. But Axios’ Emily Peck reports that according to new data from the U.S. Census Bureau, Trump’s proposal would, if enacted, offer no substantial benefit to most tipped workers. READ MORE: ‘Hell hath no fury’: Taylor Swift fans unleash wrath on JD Vance over ‘childless c…