Rekna, what you just described is tax fraud. That's an enforcement issue, not a loophole issue.
There are very legitimate business expenses that are not loopholes - and if you eliminated them, the people who would suffer are the ones who work in restaurants and hotels. I do a lot of business over lunch, and I travel a bit for business. Yes, I treat those as business expenses; it does lead to business and more economic activity. I understand there are some people who begrudge others the "glamour" of living out of a suitcase alone in a strange city, but it's hardly a loophole (especially if the strange city is, say, Youngstown, OH or Flint, MI or Bristol, TN).
|