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View Diary: I am Tired of the Taxpayers Paying For Food For Rich People (229 comments)

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  •  Please provide evidence of your argument (0+ / 0-)

    that

    if a business could not deduct any of the cost of, for example, a business lunch, many of the restaurants in the business districts of cities would shut down their lunch time service and lay off wait staff, because their business -- which is heavily dependent on business lunches - would dry up.
    Did this happen when the deduction was reduced to 80% in 1986 then to 50% in 1993? And if it did, by how much and how long did that last? What impact, if any, did the rise of the Internet have on the frequency of business lunches? What percentage of lunches are actually claimed as business entertainment expenses, both pre- and -post 1986 and 1993 changes?

    You're making the claim here, so it's your burden to provide the evidence ....

    Out with the gloomage - in with the plumage!

    by mikidee on Fri Sep 20, 2013 at 12:25:57 PM PDT

    [ Parent ]

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