WASHINGTON The National Restaurant Association praised legislation introduced Friday that would increase the federal tax deduction for business meals from 50 percent to 80 percent — a change businesses have pursued unsuccessfully for 16 years. The measure, H.R. 3333, was introduced by Rep. Neil Abercrombie, D-Hawaii, who had previously championed business meal tax legislation in 2005 and 2007.While opponents of similar measures have argued that Washington would lose tax revenue if the ...
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