The GOP Congress is looking at including employer-provided benefits like free transportation, food and gyms as taxable income as a way to pay for tax cuts.

Summary

House Republicans are considering taxing employer-provided benefits like transit passes, free meals, and on-site gyms to help offset the cost of Trump’s proposed $10 trillion tax cuts.

The move could generate $157 billion over 10 years but faces opposition due to its potential impact on worker morale and return-to-office policies.

Experts warn it could lower employee productivity and force companies to reconsider benefits.

While the proposal remains uncertain, lawmakers may be forced to adopt unpopular measures to fund the tax cuts amid a $36 trillion federal deficit.

  • shapptastic@lemmy.world
    11·
    9 hours ago

    Awesome, way to combine RTO mandates with also cutting commuter benefits - can’t wait to pay an extra $100/mo to take the train instead of driving.

  • CharlesDarwin@lemmy.worldEnglish
    24·
    16 hours ago

    I wonder how many redhat dipshits still think that 10 trillion dollars being given to the already obscenely rich will be “trickling down” to them.

    And this is AFTER they keep lecturing the Democrats on how they “lost the working class”…what do you tell voters who are so stupid as to believe this kind of thing? At what point do you HAVE to blame the voters for being this stupid?

    • MountingSuspicion@reddthat.com
      2·
      2 hours ago

      For what it’s worth, most red hats either didn’t have a cushy job with these benefits, or have such a cushy job that they don’t need/use the benefits. A lot of red hats were pissed people could work from home because they don’t have the opportunity to (factory/field service/onsite work), so they feel like this is fine. This will probably disproportionately affect college educated libs. Rich CEOs have their own gyms, poor Rs never got the luxury.

    • Pilferjinx@lemmy.world
      14·
      15 hours ago

      I don’t think they’re getting the memo to what’s actually happening. They think they’re still fighting a culture war when it’s always been a class war.

  • Turret3857@infosec.pubEnglish
    405·
    20 hours ago

    i hope it passes. the working class revolution needs to happen sooner rather than when they decide to outlaw guns and put up a great firewall.

  • officermike@lemmy.world
    8·
    19 hours ago

    Don’t know if this was an article from a regular columnist or a guest contributor, but it seems the editor missed a detail. The US has a $36 trillion debt, not a $36 trillion deficit.

    • Greee1911@lemmy.world
      18·
      15 hours ago

      Debt does not mean what you think it means when you can print your own money. It’s a term used to push political agendas.