Summary
House Republicans are considering taxing employer-provided benefits like transit passes, free meals, and on-site gyms to help offset the cost of Trump’s proposed $10 trillion tax cuts.
The move could generate $157 billion over 10 years but faces opposition due to its potential impact on worker morale and return-to-office policies.
Experts warn it could lower employee productivity and force companies to reconsider benefits.
While the proposal remains uncertain, lawmakers may be forced to adopt unpopular measures to fund the tax cuts amid a $36 trillion federal deficit.
There’s no historical evidence to suggest that it would.