GOP Battled To Nail Tax Break For 3-Martini Lunches In Stimulus Package: Report - News Summed Up

GOP Battled To Nail Tax Break For 3-Martini Lunches In Stimulus Package: Report


“Republicans are nickel-and-diming benefits for jobless workers, while at the same time pushing for tax breaks for three-martini power lunches. It’s unconscionable,” Sen. Ron Wyden (D-Ore.), the ranking Democrat on the Senate Finance Committee, told the Post. Executives since the 1980s have been able to deduct 50% of often extravagant lunches from their federal taxes. Another was the $600 payout to working Americans. Critics pointed out that Commerce Secretary Wilbur Ross once wore a pair of custom-made slippers worth $600 to the Capitol.


Source: Huffington Post December 21, 2020 06:51 UTC



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