Quote:
Originally Posted by George O Well
corporation be able to claim as a business expense? How many corporate retreats should a corporation be able to claim as a business expense? How many booster club tickets should a corporation be able to claim as a business expense?
Seems to me that in these days of e-mail, video teleconferencing, high fuel costs, overnight mail, etc., the answer should be NONE. NUNCA. NADA.
Do you need a $30,000,000 dollar bizjet to close a $30,000 sale? I dunno. Maybe YOU do. I don't.
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They should get whatever legal tax breaks are allowed. Even with those tax breaks, Corporations pay waaaay more in taxes than individual citizens do.
And so what if e-mail, videoconferencing, and overnight mail are available? You really think the Gov't ought to have the last word on HOW a business conducts itself at that level? What if I decided your use of a land line was wasteful...would you think the Government ought to step in and mandate an internet phone for you?