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Big banks and oil companies will get tax breaks and even fewer multimillionaires will pay any estate tax—if it’s not repealed altogether—but that $25 to spend at Starbucks that you got at work?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.