Do you think the IRS should tax corporations issued by the cellular phone use? (IRS calls a delivery "to margin ")?
http://online.wsj.com/article/SB124473141538306335.html The use of the company issued phone mobile could trigger new taxes on federal income on millions of Americans as a "social advantage." The Internal Revenue Service offered employers allocate 25% of annual telephone expenses to an employee as a taxable benefit. Under this scenario, a worker in the slice 28% tax, including wireless devices costing the company $ 1,500 per year, could see $ 105 federal tax on additional income. The IRS, in an opinion issued this week, said employees could escape the tax liability if they showed they used cellular telephones for personal calls during nonbusiness hours. The agency could also decide a ...
Wait .... I thought Obama did not raise my taxes?? Oh, this must be the evil rich that Use cell phone like that. I wonder if the tax cheat Timothy Geitner came with it ...
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