Embryos Are People Under Georgia Tax Law

Under Georgia state tax law, embryos gestating for over 6 weeks are now considered dependent children. The state Department of Revenue will allow deductions of $3000 for each 3/4-inch long blob of cells if they have perceptibly pulsing cardiac activity, often wrongly called a “fetal heartbeat.”

Who knows, maybe gun ownership and voting rights will be next under such so-called “personhood laws“.

More:

“Embryos can be listed as dependents on tax returns, Georgia rules,” Ramon Antonio Vargas, The Guardian

“Georgia says ‘unborn child’ counts as dependent on taxes after 6 weeks,” María Luisa Paúl, Washington Post

___________________
Short Link: https://wp.me/p6sb6-A4T

Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

 

Congressional COVID-19 Relief Bill Revives 3-Martini Lunch

Lame-duck President and high-ticket eatery owner Donald Trump has called for restoring the 100% federal tax deduction on “3-Martini Lunch” business meals to aid the pandemic-pummeled restaurant industry, an action economists call completely ineffective. Nevertheless, in their eleventh-hour effort to pass another COVID-19 relief bill the ritzy-restaurant-running president will sign, the GOP put the 3-Martini Lunch on the menu, and democrats will just have to hold their noses and choke it down if they want coronavirus relief funding before the Christmas recess.

More:

“White House secures ‘three martini lunch’ tax deduction in draft of coronavirus relief package,” Jeff Stein, Washington Post

“Restoring The Three Martini Lunch Tax Deduction Won’t Feed The COVID-19 Economy,” Howard Gleckman, Tax Policy Center

“‘It’s unconscionable’: Outrage over the ‘three-martini lunch’ tax deduction in the new coronavirus aid deal,” Nicole Lyn Pesce, MarketWatch

“‘Three martini lunch’ tax break may not save many restaurants, advisors say,” Darla Mercado,. CNBC

“On ‘three-martini-lunch’ policy, Republicans get what they wanted,” Steve Benen, MSNBC

“‘Three-martini lunch’ tax break draws outrage. It also may fall short for restaurants.” Aimee Picchi, CBS News

“When Will Eating the Rich Also Be a Tax Deduction?” Esther Wang, Jezebel

Related:

“Dictionary.com weighs in as #LetThemEatCake trends over relief bill,” Justine Coleman, The Hill

___________________
Short Link: https://wp.me/p6sb6-wkp

Image (“Bacchus at Cocktail Hour, after Carvaggio”) by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.