Members of the public eat Thanksgiving dinner last year at the Central Union Mission in Washington. EPA
Members of the public eat Thanksgiving dinner last year at the Central Union Mission in Washington. EPA
Members of the public eat Thanksgiving dinner last year at the Central Union Mission in Washington. EPA
Members of the public eat Thanksgiving dinner last year at the Central Union Mission in Washington. EPA

High inflation eats into Americans' Thanksgiving dinner plans


Willy Lowry
  • English
  • Arabic

Inflation, supply chain issues and the spread of bird flu have left many Americans searching for Thanksgiving alternatives to the classic turkey dinner.

Outside of the Giant supermarket in the Shaw neighbourhood of Washington, frustrated shoppers were forced to dig deep into their pockets to pay for Thanksgiving groceries.

“It’s really getting outrageous,” said Arthea Reynolds, 68.

Ms Reynolds said she will still be having turkey this year but knows many who will not be so fortunate.

“People are really struggling to put food on the table this year and some people are not going to be able to have the traditional Thanksgiving dinner like turkey and ham, and some people are using chicken or something that's more reasonable,” Ms Reynolds told The National.

Turkey has long been the traditional centrepiece of Americans’ Thanksgiving Day meals. Every year, Americans consume 46 million of the large birds over the holiday, says the National Turkey Federation, which lobbies on behalf of the turkey industry.

This year, the price of turkey has increased by more than 21 per cent, with the cost of a 7kg bird coming in at $28.96 — an increase of $4 per kilogram, thanks to high inflation and the spread of avian flu in bird populations across the US, the American Farm Bureau Federation, which has been tracking the price of Thanksgiving meals for the past 37 years, said.

“The higher retail turkey cost at the grocery store can also be attributed to a slightly smaller flock this year, increased feed costs and lighter processing weights,” said Roger Cryan, chief economist at the Farm Bureau.

It is not only shoppers who have been affected by the high cost of turkeys: food pantries across the country have struggled to source and pay for Thanksgiving meals for those in need.

At the Share Food Programme in Philadelphia, which serves hundreds of thousands of people in the country’s sixth-largest city, organisers had to order their turkeys over the summer to ensure they had enough for the holiday.

“We still had some supply chain issues with many of them,” explained George Matysik, executive director of Share Food Programme.

The organisation has seen an 80 per cent rise in people requiring their services this year.

“What we're seeing is a huge increase in the cost of food and with that, the cost of everything for the folks that we serve goes up, including buying food, but that also means that the costs go up for us as well,” Mr Matysik told The National.

Similar needs are being seen and felt in Los Angeles. The Los Angeles Regional Food Bank, which is one of the largest food relief agencies in the country, is serving about 800,000 people per month.

  • The annual turkey-pardoning ceremony is a lighthearted event as Americans prepare for Thanksgiving. AP
    The annual turkey-pardoning ceremony is a lighthearted event as Americans prepare for Thanksgiving. AP
  • President Ronald Reagan in 1987. National Archives / Getty Images
    President Ronald Reagan in 1987. National Archives / Getty Images
  • The first formalised turkey pardoning ceremony came when George HW Bush was president. Photo: George Bush Presidential Library and Museum / NARA
    The first formalised turkey pardoning ceremony came when George HW Bush was president. Photo: George Bush Presidential Library and Museum / NARA
  • Presidents have been given turkeys since the 19th century and the origin of the pardoning festival may have begun with Abraham Lincoln in 1863. AP
    Presidents have been given turkeys since the 19th century and the origin of the pardoning festival may have begun with Abraham Lincoln in 1863. AP
  • President Barack Obama after pardoning the Thanksgiving turkey at the White House in 2016. Reuters
    President Barack Obama after pardoning the Thanksgiving turkey at the White House in 2016. Reuters
  • The national Thanksgiving turkeys, Chocolate and Chip. AP
    The national Thanksgiving turkeys, Chocolate and Chip. AP
  • According to the National Turkey Federation, Americans eat 46 million turkeys every Thanksgiving. AP
    According to the National Turkey Federation, Americans eat 46 million turkeys every Thanksgiving. AP
  • Donald Trump with first lady Melania Trump as he pardons the National Thanksgiving Turkey named Corn in 2020. Reuters
    Donald Trump with first lady Melania Trump as he pardons the National Thanksgiving Turkey named Corn in 2020. Reuters
  • Mr Trump and a turkey at the ceremony in 2020. Reuters
    Mr Trump and a turkey at the ceremony in 2020. Reuters
  • The birds are typically the centrepiece of the Thanksgiving Day feast, which often includes a host of side dishes including stuffing and sweet potato. Bloomberg
    The birds are typically the centrepiece of the Thanksgiving Day feast, which often includes a host of side dishes including stuffing and sweet potato. Bloomberg
  • President George W Bush carries a platter of turkey and fixings as he visits US troops for Thanksgiving in Baghdad in 2003. AP
    President George W Bush carries a platter of turkey and fixings as he visits US troops for Thanksgiving in Baghdad in 2003. AP
  • Corn and Cobb, a pair of turkeys that were pardoned by Mr Trump, inside their room at the Willard Intercontinental Hotel in Washington in 2020. AFP
    Corn and Cobb, a pair of turkeys that were pardoned by Mr Trump, inside their room at the Willard Intercontinental Hotel in Washington in 2020. AFP
  • President Bill Clinton, holding his nephew Tyler, smiles after granting a Thanksgiving pardon to a turkey named Jerry in 2000. Mark Wilson / Newsmakers
    President Bill Clinton, holding his nephew Tyler, smiles after granting a Thanksgiving pardon to a turkey named Jerry in 2000. Mark Wilson / Newsmakers

At the peak of the pandemic, the food bank was helping to feed one million people per month, a huge increase from their pre-pandemic number of 300,000 people.

Since then, the need has not gone down, explained David May, director of communications at the food bank.

“What we're seeing now is with inflation, people who do have jobs are still struggling to make ends meet because everything's so expensive,” Mr May told The National.

Inflation has soared under President Joe Biden, peaking over the summer at 9.1 per cent and falling only slightly to 7.7 per cent in October.

The biog

Favourite films: Casablanca and Lawrence of Arabia

Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins

Favourite dish: Grilled fish

Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

How to turn your property into a holiday home
  1. Ensure decoration and styling – and portal photography – quality is high to achieve maximum rates.
  2. Research equivalent Airbnb homes in your location to ensure competitiveness.
  3. Post on all relevant platforms to reach the widest audience; whether you let personally or via an agency know your potential guest profile – aiming for the wrong demographic may leave your property empty.
  4. Factor in costs when working out if holiday letting is beneficial. The annual DCTM fee runs from Dh370 for a one-bedroom flat to Dh1,200. Tourism tax is Dh10-15 per bedroom, per night.
  5. Check your management company has a physical office, a valid DTCM licence and is licencing your property and paying tourism taxes. For transparency, regularly view your booking calendar.
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Uefa Nations League: How it works

The Uefa Nations League, introduced last year, has reached its final stage, to be played over five days in northern Portugal. The format of its closing tournament is compact, spread over two semi-finals, with the first, Portugal versus Switzerland in Porto on Wednesday evening, and the second, England against the Netherlands, in Guimaraes, on Thursday.

The winners of each semi will then meet at Porto’s Dragao stadium on Sunday, with the losing semi-finalists contesting a third-place play-off in Guimaraes earlier that day.

Qualifying for the final stage was via League A of the inaugural Nations League, in which the top 12 European countries according to Uefa's co-efficient seeding system were divided into four groups, the teams playing each other twice between September and November. Portugal, who finished above Italy and Poland, successfully bid to host the finals.

THE 12 BREAKAWAY CLUBS

England

Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur

Italy
AC Milan, Inter Milan, Juventus

Spain
Atletico Madrid, Barcelona, Real Madrid

Arabian Gulf Cup FINAL

Al Nasr 2

(Negredo 1, Tozo 50)

Shabab Al Ahli 1

(Jaber 13)

Updated: November 23, 2022, 2:50 AM