Friday, June 12, 2009

Obama's IRS: You Should Pay Taxes On Work Cell Phones

Remember when Obama said that he wouldn't raise taxes on anyone making over $250,000, well he lied yet again. His IRS is now thinking about calling peoples work cell phones as Fringe Benefits thereby taxing them. They say that they will tax 25 Percent of the calls as personal use, unless you can prove that you do not use it for personal use.

How do you do that? I am assuming I will have to submit my personal phones bill. If I have to do that isn't that an invasion of privacy?

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.
Just more ways for the Obama clan to get into your pocket book. I hope that the people that voted for him are happy, since you are blind.

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