A Lousy $35 Gift Card
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Yesterday, FTVLive showed you the internal memo sent to Sinclair employees, informing them that as a Holiday Bonus, the company was giving them a $50 gift card.
Sinclair brought in millions upon millions of dollars last year just in political money and they are giving the staff a $50 gift card.
Plus, get this, the IRS considers them taxable cash-equivalent income. It ends up on your W4 and is taxed (federal, state, local, social security, Medicare - just like a paycheck), leaving it as technically a lousy $35 gift card.
It would have been almost better to give them nothing.
Just saying…
