Excludes strike benefits from gross income for striking workers.
The Tax Cut for Striking Workers Act of 2026 amends the Internal Revenue Code to exclude strike benefits from gross income. This applies to compensation received after December 31, 2026, provided by a labor organization to its members as a replacement for lost wages due to a strike or lockout. The bill also modifies the earned income tax credit to include these benefits and adds a new section to the Internal Revenue Code for compensation related to strikes, lockouts, or work stoppages.
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