Tag Archives: congress

"Site Seeing"

Does George Washington – Owes Library Fines, about $100,000 in Late Fees?

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over-due

According to the website Lowering the Bar  President George Washington has been accused by a New York Library for failing to return valuable library materials checked out during his presidency. It seems the former President  took out two books on in October of 1789, one  on international law and another that contained transcripts of debates in Britain’s House of Commons.  The books were due back November 2, 1789.  If it’s found to be true, that neither book was ever returned this would mean that , setting aside the value of the items themselves, and adjusting for inflation, Washington currently owes about $100,000 in late fees.

Source: boingboing

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Dining, Education

NEW JERSEY RESTAURANT ASSOCIATION AND LOCAL RESTAURATEURS RALLY BEHIND PROPOSED INCREASE IN BUSINESS MEAL TAX DEDUCTION

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 Higher Business Meal Tax Deductions Can Translate into More Jobs

 

HOBOKEN, NJ (December 2009) – Chris Onieal, owner of Onieal’s in Hoboken, NJ and a member of the New Jersey Restaurant Association (NJRA), is one of thousands of restaurant owners who say the limited tax deductibility of business meal expenses is eating into their profits.

            Onieal and others are driving a national movement to restore tax deductibility for business meals and entertainment to its former level. In 1986, Congress reduced the allowable tax deduction from 100 percent to 80 percent. Congress further reduced the deduction to 50 percent in 1993. Continue reading NEW JERSEY RESTAURANT ASSOCIATION AND LOCAL RESTAURATEURS RALLY BEHIND PROPOSED INCREASE IN BUSINESS MEAL TAX DEDUCTION →