To: mnehrling
Same way Dashle was busted for not paying taxes on his limo because it was treated as part of his compensation package, even if it was transportation to an from the office. It is like a car allowance, that is considered compensation.
I think that is completely different. Daschle's limo and driver were basically political donations for personal use that he needed to report as income. To equate that to reimbursement for travel expenses for a CEO and use that to argue that it effectively reduces the CEO's salary (by the amount of the travel, no less, not just the taxes paid on that amount), doesn't make any sense.
To: theknuckler_33
The way I put travel expenses is like a car allowance. For example, if I have to travel for work, I am compensated for tax purposes something like .38c per mile. Any additional compensation for travel on top of that is reported as income.
93 posted on
02/04/2009 12:23:44 PM PST by
mnehring
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