According to Pet Product News, Rep. Thaddeus McCotter, R-Livonia introduced HR 3501 — the Humanity and Pets Partnered Through the Years, or HAPPY Act. It would allow an individual to deduct up to $3,500 for “qualified pet care expenses.”
“Qualified pet care expenses” is defined as “amounts paid in connection with providing care (including veterinary care) for a qualified pet other than any expense in connection with the acquisition of the qualified pet."While I wouldn't mind seeing an additional tax deduction, the Michigan Messenger reports McCotter is against creating national health care reform.
1 comment:
I've long thought there should be some sort of a tax deduction for having a pet...if the pet didn't live with me, he'd be either on the streets or in a shelter or even worse- euthanized and let's face it, all that money comes from donations or grants or tax payer $. I just don't want to see it abused. People get a dog or cat just to get a tax deduction. Have a pet for the unconditional love and make sure you take care of it.
Post a Comment