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You can go out to dinner and spend $1,000 on food and wine for two people..

submitted by hate to whatever 4 yearsApr 8, 2021 10:27:04 ago (+4/-2)     (whatever)

..and Biden made it 100% tax deductible if you claim it was a business meeting.

Welcome to America. Land of the trannies, home of the FreeDUMB.


6 comments block

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[ - ] account deleted by user 0 points 4 yearsApr 8, 2021 12:02:45 ago (+0/-0)

account deleted by user

[ - ] NeoNazirite 0 points 4 yearsApr 8, 2021 15:05:20 ago (+0/-0)

who cares?

[ - ] NeoNazirite 0 points 4 yearsApr 8, 2021 15:05:26 ago (+0/-0)

who cares?

[ - ] Nosferatjew 2 points 4 yearsApr 8, 2021 11:14:11 ago (+2/-0)

You put the DUMB in freeDUMB, ya dummy.

[ - ] cyclops1771 7 points 4 yearsApr 8, 2021 10:42:18 ago (+7/-0)

That's a Trump change, not Biden.

It raises the deduction back to 100% from the 50% it has been since 1986 when the last large tax reform / simplification was.

Restaurants and hospitality associations are for it, along with trump, assessing that businesses would dine out more if the expense was fully deductible, rather than only half.

Secondly, if this is extended to any individual at any time, then this is GREAT news, not bad news, nor DUMB news. Why is paying LESS in taxes to a corrupt system in any shape or form, bad?

[ - ] recon_johnny 5 points 4 yearsApr 8, 2021 10:44:40 ago (+5/-0)

Beat me to it by a few mins. Yep, not Biden and yep, paying less taxes to the fucking zog state is only a good thing.