Institute on Taxation and Economic Policy

April 6, 2020

Wall Street Journal:This Coronavirus Tax Policy Idea Wasn’t on the Table. Then Famous Chefs Called the President.

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Tax experts across the political spectrum say it makes sense to limit meals and entertainment deductions.

“It’s essentially a personal expense masquerading as a business expense, ” said Matt Gardner, a senior fellow at the Institute on Taxation and Economic Policy, a progressive group. “It’s a hole you can drive a truck through in the tax code.” Read more