you are viewing a single comment's thread
view the rest of the comments
[–] 6 points 1 year ago (7 children)

It doesn't make sense because none of the other corporate employees are going to be there with him meaning it's no different than if he (or they) just worked from home to begin with. It's essentially the same as if they turned his home garage into an "office."

  • source
  • parent
  • hideshow 7 child comments
  • [–] 4 points 1 year ago (6 children)

    It makes sense from an accounting perspective: no deduction versus large deduction.

    I agree it’s stupid from a practical perspective.

  • source
  • parent
  • hideshow 6 child comments
  • [–] 3 points 1 year ago* (4 children)

    That doesn't really make sense because they're still spending that money. A $1M/yr business expense on a new office that gives you a $1M/yr tax deduction isn't putting you ahead financially.

    What you're missing from the "no deduction" side is that they're also not spending additional money on new offices.

  • source
  • parent
  • hideshow 4 child comments
  • [–] 3 points 1 year ago (3 children)

    It makes more sense than having him commute via private jet like he used to

  • source
  • parent
  • hideshow 3 child comments
  • [–] 4 points 1 year ago (2 children)

    Wouldn't that be a business expense as well? I agree it's the more sane option, but they're both still insanely hypocritical options when compared to allowing remote work.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 2 points 1 year ago (1 child)

    Yeah, it is. But if the CEO has a home office he doesn’t get a deduction.

    Honestly I’m amazed he didn’t buy the office and lease it back to the company. That sounds like the sort of sleaze I expect from the C-suite

  • source
  • parent
  • hideshow 1 child comment