Question: If you were asked to write the regulations concerning the deductibility of business expenses, how would you treat the following items, and why? Discuss the inequities and inefficiencies associated with alternative possible rules.
a Educational expenses required to maintain one's current job
b Educational expenses incurred to obtain a better job
c Moving expenses arising from a reassignment by one's present employer
d Moving expenses incurred in obtaining a new job
e Business suit worn by an individual who does not wear suits except for business
f Business lunches costing more than $25
g Expensive cars
h Commuting costs
i Car expenses of a traveling sales representative
j Subsidized cafeteria lunches