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A space for sharing and discussing news related to global current events, technology, and society.
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© 2020 Relevant Protocols Inc.
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Senate Republicans were able to secure a “three-martini lunch” tax deduction in the Covid relief bill, which will allow corporations to write off 100 percent of their meal expenses. Democrats agreed to the tax break in exchange for the expansion of tax credits for low-income and working poor Americans. This is what the GOP fought for in this bill. While millions of people are on the brink of eviction and can’t put enough food on the table, Senate Republicans made sure to give corporations another handout. They fought tooth and nail to ensure that struggling Americans got as little help as possible, but demanded a tax deduction for corporate meal expenses. That tells you all you need to know about the priorities of the Republican Party.
Senate Republicans were able to secure a “three-martini lunch” tax deduction in the Covid relief bill, which will allow corporations to write off 100 percent of their meal expenses. Democrats agreed to the tax break in exchange for the expansion of tax credits for low-income and working poor Americans. This is what the GOP fought for in this bill. While millions of people are on the brink of eviction and can’t put enough food on the table, Senate Republicans made sure to give corporations another handout. They fought tooth and nail to ensure that struggling Americans got as little help as possible, but demanded a tax deduction for corporate meal expenses. That tells you all you need to know about the priorities of the Republican Party.
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