Wednesday, December 6, 2017

Senate Republicans get tough on that gift card your boss gave you one time

https://www.dailykos.com/stories/2017/12/4/1720993/-Senate-Republicans-get-tough-on-that-gift-card-your-boss-gave-you-one-time
"Has your boss ever given you a gift card for a job well done? Senate Republicans are cracking down on that kind of luxury:  The bill, for example, prohibits employers from rewarding employees with gift cards so that a reward of, say, $25 or $50 in the form of a gift card doesn’t escape being taxed. Big banks and oil companies will get tax breaks and even fewer multimillionaires will pay any estate tax—if it’s not repealed altogether—but that $25 to spend at Starbucks that you got at work? Nope. Senate Republicans are not going to let that kind of tax dodging go on."