Word: chapoton
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Dates: during 1982-1982
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...unexpected vote on business dining was the first effort to curb those deductions since Jimmy Carter's abortive crusade in 1978 against what he called the three-martini lunch. Reaganites were almost as startled by the decision as businessmen. Conceded John Chapoton, the Assistant Treasury Secretary for Tax Policy: "It came as a complete surprise to me. None of us had heard about this...
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