So the problem with this is if I spot you a buck at the subway because you are short, you have to remember and report this. That's what the gift exemption is fo

So the problem with this is if I spot you a buck at the subway because you are short, you have to remember and report this. That's what the gift exemption is for in current code. Then let's not get into Rabbi trusts and all sorts of other complexities related to when something is earned.