Skip Navigation

Close and don't show again.

Your browser is out of date.

You may not get the full experience here on National Journal.

Please upgrade your browser to any of the following supported browsers:

Restaurants Want Payroll Extension to Include More Tax Breaks Restaurants Want Payroll Extension to Include More Tax Breaks

This ad will end in seconds
Close X

Want access to this content? Learn More »

Forget Your Password?

Don't have an account? Register »

Reveal Navigation


Restaurants Want Payroll Extension to Include More Tax Breaks

As Congress discusses extending the payroll-tax cuts, the National Restaurant Association wants lawmakers to "prospectively and retroactively" renew two tax provisions that expired at the end of the year - the 15-year depreciation schedule for restaurants and the Work Opportunity Tax Credit.

The NRA, in a letter to lawmakers, says that the 15-year depreciation schedule, as opposed to a longer period, spurs investment in restaurant construction and improvements and that the WOTC encourages restaurants to hire people "who face significant barriers to employment ... enabling these workers to move into self-sufficiency as they earn a steady income and become contributing taxpayers."

"At a time of continued economic uncertainty, these provisions provide much-needed clarity for our members about the tax code," wrote Scott DeFife, NRA's executive vice president of policy and government affairs. "Such clarity encourages investment, increases economic activity and helps create jobs."

Don't Miss Today's Top Stories


Rick, Executive Director for Policy

Concise coverage of everything I wish I had hours to read about."

Chuck, Graduate Student

The day's action in one quick read."

Stacy, Director of Communications

I find them informative and appreciate the daily news updates and enjoy the humor as well."

Richard, VP of Government Affairs

Chock full of usable information on today's issues. "

Michael, Executive Director

Sign up form for the newsletter