No Tax Increase My Foot


Texan_Til_I_Die

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Tax Man's Target: The Mobile Phone

The use of company-issued mobile phones could trigger new federal income taxes on millions of Americans as a "fringe benefit."

The Internal Revenue Service proposed employers assign 25% of an employee's annual phone expenses as a taxable benefit. Under that scenario, a worker in the 28% tax bracket, whose wireless device costs the company $1,500 a year, could see $105 in additional federal income tax.

I can make a firm pledge, under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.
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