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Okay, now explain how cars that are necessary (such as for a director, that needs to meet with partners, customers, ...) should be taxed. Or how about for a cle
by candiodari 8y ago
Okay, now explain how cars that are necessary (such as for a director, that needs to meet with partners, customers, ...) should be taxed. Or how about for a cleaning company that sends out cleaners in cars, there's a lot of those. Would you seriously tax the poor cleaner for the value of the car ? How should Elon Musk be taxed if he bought a bed for sleeping at his megafactory ?
How about the office in which you work ? Should you be taxed on the value of the office building in which you work ? How about the value of the machines ? How about the coffee machine (which you may or may not use) ? How do you intend to check this ?
Even that is the very tip of the iceberg in terms of problems with this policy. Will you be able to catch abuses at the extreme ? Sure. Will you be able to prevent this from becoming a widespread alternative to paying out dividends using policy ? No.