John George, Thomas Keller, Daniel Boulud discussed on 830 WCCO 24 Hour News

Automatic TRANSCRIPT

A great restaurateurs you know as is John George and Thomas Keller and Daniel Boulud and other leaders in the restaurant business which has been probably one of the hardest hit industries I have directed my staff to use any and all that's already available to give restaurants bars clubs incentives to stay open you're gonna lose all these restaurants and they're not going to make it back and they have to get going so what I'm doing is I'm going to tell secretary Mnuchin also are great secretary of labor well you know very well to immediately start looking into the restoring of the deductibility of meals and entertainment costs for corporations that set the restaurant business back alot when it was done originally and then done not so long ago and we're going to go to deductibility so that companies can send people to restaurants I think we'll have a tremendous impact and maybe keep them up and they don't forget summer closing right now despite the fact that they could be open in the not too distant future we expect that but there are some that are going to be able to get open and we want to make sure they do so we're going to look at the restoration restoring the deductibility of meals and entertainment because the corporations so that corporations can send people to restaurants and take a deduction on it like they did in the old days that was when restaurants were doing really well.

Coming up next