Date: Saturday, November 12, 2011, 10:08 AM
A good simple way to help the economy, restaurant workers and provide a tax break at the same time would be to reinstate the “Business Lunch tax deduction,” which was eliminated by President Bill Clinton.
Many of the regular restaurants are going out of business and are being replaced by fast food places which provide less wages and benefits. If we were to reinstate the business lunch tax deduction restaurants, waiters and waitresses would make more money, hence pay more taxes.. More business to these businesses would also cause more hiring.
It’s a win win proposition for everyone, even the republicans.
Joseph B.D. Saraceno