Currently 50% of a business related meal is deductible as an expense. If he changes it to 100% deductible then more business people will eat out and spend their money in a very hard hit industry. The industry will rebound faster and many a girlfriend and wife will suddenly become Al Green from ACB Corp 😂. This is a winning idea
Currently 50% of a business related meal is deductible as an expense. If he changes it to 100% deductible then more business people will eat out and spend their money in a very hard hit industry. The industry will rebound faster and many a girlfriend and wife will suddenly become Al Green from ACB Corp 😂. This is a winning idea