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pet exemptions in the tax code
#1
http://washingtontimes.com/news/2009/apr...oo//print/

Speak your mind Smile
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#2
truly demented
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#3
Actors- I never listen to them.
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#4
The article just happened to be written by an actor; he wrote it as a concern dog owner, however.

mattkime,
Why is it demented?
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#5
Because it isn't going to teach people anything. People are going to buy a pet and ignore it(or worse) to get a tax credit. It is a HORRIBLE idea.
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#6
Well some people have children for all the wrong reasons .....


Not that I would agree with pets in the code, but why is the choice to have children that use all public resources rewarded and the choice NOT to have children gets no benefits.
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#7
can I claim the ants in my kitchen as my dependents? there are so many of them
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#8
Wow, this really is true.

H.R. 3501
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#9
Yes, my main concern is the high potential abuse of the law. Hence, it is not worthy.
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#10
C(-)ris wrote:
People are going to buy a pet and ignore it(or worse) to get a tax credit. It is a HORRIBLE idea.

Absolutely - if this gets put into law there had better be some serious teeth to necessary and concomitant pet care regulation so that those who do not take care of their pets do not receive financial benefit and suffer criminal sanctions much the way that poor parents do today.

To that end, not only should the affect on tax receipts be studied but also the affect on our already overburdened legal system where these cases would have to be prosecuted, and then the overall societal cost of implementing this can be better weighed against the advantages this argument seems to present.

I also see a serious challenge with enforcing this in many places; i.e. if I claim a pet gerbil on my taxes and the IRS comes to audit... whoops, the gerbil was carried off by a hawk while I was walking it last week inspector!
g=
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