The libs at Google are going to get taxed big time for all of their extra goodies.
ya mean there IS No Free Lunch??
How is an employee meal any different?
Yeah, I believe they are coming after the taxes on what my employer pays for my insurance, and the beer they give me...
That’s nothing - Obama’s IRS is now considering taking your first-born male child and your left nut.
Carbon tax.
Tax our health benefits.
Obamacare
Forced EPA regs
Mandatory use of renewable energy sources.
etc
etc.
Kiss our middle class way of life good bye.
Perhaps they should tax free school breakfasts and lunches, food stamps, while they are at it.
I retired over twenty years ago and for years the IRS had been taxing lunches (and dinners) unless you were in overnight travel status.
The real tax money can be found in all taxing all those apartments and condos that the corporations provide (in NYC. et al) to their higher echelon people tax free. Hell I’d tax the expenses for all those minstrel and arty shows the POTUS hosts for his political donors and admirers.
This simply illustrates why it is silly and practically impossible to tax labor and production. Imagine instead a true, non-VAT, consumption tax - such as the proposed national retail sales tax - in thta case you don’t have to figure out what’s a cost to the company or a benefit to the employee (or both!) and how to tax the situation accordingly; in this particular case, since the lunch is a consumption good, whoever pays for the lunch also pays the tax, and that’s the end of it.
But such a scheme is opposed for selfish reasons - big-government types want to hide the true cost of taxation from the taxpayer, layered invisibly inside of prices and payroll deductions, and they also don’t want to lose all of the control over behavior they can make with the tax code. Others know how to game the system and don’t want their gravy train to dry up.
Quick question -
what legislation passed through Congress to allow the IRS to tax something new, like lunches?
The IRS is going after revenue like a pack of starving weasels.
How stupid are we and how corrupt are our elected representatives?