Enjoyed speaking with Bloomberg News about the impact of the "One Big Beautiful Bill" on the $100B+ corporate food services market.
Donald Trump’s signature tax law allows a long-standing business deduction for the cost of food provided to employees to expire, imperiling a workplace perk popularized during Silicon Valley’s dot-com boom that is now an emblem of modern office culture. Tap the link to read more about the president is targeting the office snack: bloom.bg/3Iq2nem 📷️: Patrick T. Fallon/Bloomberg
Interesting how this could shift where companies invest their culture budget - less on free lunch, more on remote stipends or direct comp. Reminds me of how visibility in perks matters way more than the actual cost when it comes to employer branding, sent you a connect btw
Ali Sabeti Sounds like an insightful discussion! Excited to see the outcomes. 😊