The Economic Times

Trumps tax and spending plan may have quietly cut your salary and workplace benefits heres how

Trumps tax and spending plan changed company tax deductions, affecting employee perks and corporate charity. Free food, bike commuting, and moving expenses may now cost more or disappear. Companies must give at least 1% of taxable income for charity deductions. These changes can raise taxes, reduce some benefits, and affect both mid-size and large employers budgets.