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25% Favor Tax Deduction for Pet Expenses

post #1 of 7
Thread Starter 
A dog may be a man's best friend - except at tax time.

Just 25% of voters nationwide favor a proposal that would allow pet owners to deduct up to $3,500 for "qualified pet-care expenses" for household pets. The latest Rasmussen Reports national telephone survey finds that 71% oppose the plan, and four percent (4%) are not sure.

Full article:

http://www.rasmussenreports.com/publ...r_pet_expenses
post #2 of 7
I think more people would favour it if they understood it, even searching for reports on the legislation, it was unclear on what would be qualified as tax deductible
post #3 of 7
Well, they didn't call me and I am in support of a deduction for pet expenses.
post #4 of 7
I think it could be helpful to promote spay/neuter programs if, say, you could even get a one time tax credit for documenting that you've had your pet fixed.
post #5 of 7
Quote:
Originally Posted by Pookie-poo View Post
I think it could be helpful to promote spay/neuter programs if, say, you could even get a one time tax credit for documenting that you've had your pet fixed.
That is a good idea! Id agree to it if it was limited like using the deduction on food and vet care stuff like that. I could only imagine how many people would take advantage of it if you could deduct anything that your pet uses. Like new bedding, pillows, carpeting..stuff like that people are goofballs and would try and claim anything imaginable. But Id agree with being able to claim vet bills, spaying/neutering, and food.
post #6 of 7
A Four Figured Tax Break for our Four Legged Friends?

http://www.npr.org/templates/story/s...ryId=113791908

Quote:
Republican Rep. Thaddeus McCotter of Michigan has thrown pet owners a bone by sponsoring a bill that would allow them to deduct animal care expenses from their taxes.

The bill, Humanity and Pets Partnered Through the Years, or "HAPPY Act," would allow taxpayers to deduct up to $3,500 a year. McCotter declined to speak to NPR, saying he is focused on more pressing legislation, but he did explain his motivation for the tax break on DoggyTV, a YouTube channel.

"Well, we've had reports of people having to turn in pets because of the economic recession," he said. "And when you think about the relationship between people and pets and the humane way that it helps people think, it seemed to me to be a good idea, and we dropped it in" to the congressional hopper.
Yay or nay?

Squeaky was at the humane society because her previous owners were forclosed on. I don't think a tax break would have helped them keep them, as I think they had too many pets for an apartment.

But on the other hand, who am I to turn down a tax break for something I already pay willingly for? Maybe this would convince the husband that we could spend a bit more on better food.
post #7 of 7
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