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Text File  |  1993-02-17  |  776b  |  18 lines

  1. REV-32 FURTHER RESTRICT DEDUCTIONS FOR BUSINESS MEALS AND ENTERTAINMENT
  2.  
  3.                                 Annual Added Revenues
  4.                                 (Billions of dollars)             Cumulative
  5. Addition to          -----------------------------------------    Five-Year
  6. CBO Baseline         1994     1995      1996     1997     1998     Addition
  7. ---------------------------------------------------------------------------
  8. Disallow Deductions
  9. for Half of
  10. Expenses for
  11. Business Meals
  12. and Entertainment      2.0      3.3       3.4      3.7      3.9       16.3
  13.  --------------------------------------------------------------------------
  14.  
  15. SOURCE:  Joint Committee on Taxation.
  16.  
  17. ---------------------------------------------------------------------------
  18.