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Social Security tax restoration will hurt restaurants
The restoration of the full Social Security deduction will impact a major tenant class — restaurant operators.
Nation’s Restaurant News, an industry publication, says every restaurant will be affected as consumers pull back spending in light of the return to full Social Security deductions.
President Barak Obama signed the American Taxpayer Relief Act on New Year’s Day. The act permanently extended most income tax rates signed into law by his predecessor, but did not extend a temporary recession-era…
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