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<p>[QUOTE="TomCorona, post: 840384, member: 17621"]That's not quite right. Imputed income is basically some cost associated with some benefit via an employer to the employee. Example...an employer has a food cafeteria that the employee benefits from thus supposedly has a value assigned to it that the employee receives. It creatively places a dollar amount on that particular supposed benefit. It isn't taxable but is listed on a W-2. </p><p><br /></p><p>Basically it's a fancy book keeping trick/tactic an employer can dress up the books with, making it look like an expense. Makes their stock look more valuable and provides a haven to fudge numbers. You can thank corporate America and the magic of stock market illusions. The government recognizes it because they're blanket deep in bed with the corporations. </p><p><br /></p><p>You have income because you have a cafeteria at work. You didn't know that?? Next will be the associated book keeping shuffle of the toilet, then the air they provide. You now are a well compensated employee because you are allowed to breathe employer's air and use their toilet. On paper, to the stockholders and creative book keepers, you're getting compensation, just not in the form of cash. Isn't that wonderful??</p><p><br /></p><p>Remember...it's just business. Next you'll be charged for kind words thrown your way. All compliments of Corporate America, CEO's and the Wall street casinos.</p><p>Enjoy and remember to support the republican party.[/QUOTE]</p><p><br /></p>
[QUOTE="TomCorona, post: 840384, member: 17621"]That's not quite right. Imputed income is basically some cost associated with some benefit via an employer to the employee. Example...an employer has a food cafeteria that the employee benefits from thus supposedly has a value assigned to it that the employee receives. It creatively places a dollar amount on that particular supposed benefit. It isn't taxable but is listed on a W-2. Basically it's a fancy book keeping trick/tactic an employer can dress up the books with, making it look like an expense. Makes their stock look more valuable and provides a haven to fudge numbers. You can thank corporate America and the magic of stock market illusions. The government recognizes it because they're blanket deep in bed with the corporations. You have income because you have a cafeteria at work. You didn't know that?? Next will be the associated book keeping shuffle of the toilet, then the air they provide. You now are a well compensated employee because you are allowed to breathe employer's air and use their toilet. On paper, to the stockholders and creative book keepers, you're getting compensation, just not in the form of cash. Isn't that wonderful?? Remember...it's just business. Next you'll be charged for kind words thrown your way. All compliments of Corporate America, CEO's and the Wall street casinos. Enjoy and remember to support the republican party.[/QUOTE]
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