GOP Eye Taxing Employee Fringe Benefits Such As Transportation, Meals, And On-Site GymsTo Offset Trump-Era Tax Cut Costs

House Republicans are considering taxing fringe benefits like employer-provided transportation, meals, and on-site gyms to help offset lost revenue from extending Trump-era tax cuts. The proposal would tax employees on the fair market value of these benefits, potentially reducing their value and causing employee dissatisfaction. While some companies might cover these new taxes or drop affected benefits, the change could lower morale and complicate return-to-office initiatives. Critics argue that taxing these perks may be politically challenging and difficult to administer.