President John F. Kennedy called for a crackdown on such tax breaks in 1961, but nothing was done at the time. Jimmy Carter condemned the practice during the 1976 presidential campaign. Carter portrayed it as part of the unfairness in the nation's tax laws, claiming that the working class was subsidizing the "$50 martini lunch".
President John F. Kennedy called for a crackdown on tax breaks in 1961, but nothing was done at the time. Jimmy Carter condemned the practice during his presidential campaign in 1976, framing it as part of the unfairness within the nation's tax laws. He argued that the working class was subsidizing the cost of a $50 martini lunch.