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Tax Deductions for Pet-Care Expenses Proposed
veterinarypracticenews.com ^ | 08/05/09 | veterinarypracticenews.com

Posted on 08/21/2009 3:59:30 AM PDT by TornadoAlley3

Tax Deductions for Pet-Care Expenses Proposed Pet-care expenses would be tax deductible under a new measure introduced by U.S. Rep. Thaddeus McCotter (R-Mich.).

House Resolution 3501, commonly referred to as the Humanity and Pets Partnered Through the Years, or HAPPY Act, would amend the Internal Revenue Code to 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.

(Excerpt) Read more at veterinarypracticenews.com ...


TOPICS: Culture/Society; Government; News/Current Events
KEYWORDS: pets; taxdeduction; ushr3501
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1 posted on 08/21/2009 3:59:31 AM PDT by TornadoAlley3
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To: TornadoAlley3

Good lord, what the hell is wrong with people?


2 posted on 08/21/2009 4:01:20 AM PDT by Perdogg (Sarah Palin-Jim DeMint 2012 - Liz Cheney for Sec of State - Duncan Hunter SecDef)
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To: TornadoAlley3

Hunh? McCotter??


3 posted on 08/21/2009 4:02:14 AM PDT by incredulous joe ("No road is too long with good company" - Turkish Proverb)
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To: Perdogg
I like the idea!
4 posted on 08/21/2009 4:06:11 AM PDT by TornadoAlley3 (Obama is everything Oklahoma is not.)
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To: TornadoAlley3

who could oppose something called ... HAPPY? Well, I guess I could.

I am getting sick of stupid acronym bills.


5 posted on 08/21/2009 4:07:22 AM PDT by Puddleglum ("due to the record harvest, rationing will continue as usual")
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To: TornadoAlley3

One step closer to libtards being able to marry their pets.

(And I like the deduction- I like ALL deductions, but I see where this is going.)


6 posted on 08/21/2009 4:08:57 AM PDT by Canedawg (FUBO)
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To: Puddleglum
I'm not surprised by such a proposal, I just can't believe it's coming from McCotter.
7 posted on 08/21/2009 4:10:06 AM PDT by incredulous joe ("No road is too long with good company" - Turkish Proverb)
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To: TornadoAlley3

We need affordable pet health insurance NOW!


8 posted on 08/21/2009 4:10:07 AM PDT by Izzy Dunne (Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
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To: Canedawg

Democrats going for the pet owner voting block.

This is nuts.


9 posted on 08/21/2009 4:10:39 AM PDT by Venturer
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To: TornadoAlley3; Taxman; Principled; EternalVigilance; phil_will1; kevkrom; Bigun; PeteB570; FBD; ...
Ever notice how an increasing number of bills a re some how tied to the federal income tax code? most recently the socialist HR3200 health care bill will amend the tax code to impose a 2.5% penalty on anyone who does not opt onto government run health care not to mention other provisions imposing taxes on businesses.

Now we have another potential loophole with this nutty bill in addition to all the other loopholes created over the years by lobbyists on behalf of their big business clients thereby amassing a tax code of more than 67,500 pages.

It's time to end this lunacy. The solution has been before Congress since 1999. It's called The Fair Tax Act(HR25/S296. It will replace all federal income taxes with a national sales tax and abolish the IRS. Fair Tax ping!






10 posted on 08/21/2009 4:10:56 AM PDT by Man50D (Fair Tax, you earn it, you keep it! FairTaxNation.com)
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To: TornadoAlley3
What a great, and timely, example of what ails our tax code in America! Stop the BS with the tax code! Why on earth should the federal government be concerned with adjusting one’s taxes based on pet care?

Get government out of all the things it's crept it's way into over 230 plus years and then use the tax code to collect the revenue necessary to support those constitutionally sanctioned duties. Stop using the tax code for social engineering and to buy votes with the voter's own money.

11 posted on 08/21/2009 4:11:18 AM PDT by jwparkerjr (God Bless America, and wake us up while you're about it!)
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To: TornadoAlley3

I surely hope that a “qualified pet” refers to a seeing eye dog, or some sort of assistance animal only.


12 posted on 08/21/2009 4:11:56 AM PDT by SC DOC
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To: Venturer

McCotter is a Republican.


13 posted on 08/21/2009 4:12:31 AM PDT by kempster
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To: Puddleglum
I like a tax break, any way I can get one, and I have pets, I don't care if the bill is HAPPY or SAD.
14 posted on 08/21/2009 4:12:42 AM PDT by TornadoAlley3 (Obama is everything Oklahoma is not.)
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To: Perdogg

Shoot, I should have asked for a reciept at the vet yesterday. Oh well, my dog Yenta is going to doggy day care today, I will ask for one there. HA HA!


15 posted on 08/21/2009 4:13:13 AM PDT by codercpc
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To: SC DOC

SECTION 1. SHORT TITLE.

This Act may be cited as the `Humanity and Pets Partnered Through the Years (HAPPY) Act’.

SEC. 2. FINDINGS.

The Congress finds the following:

(1) According to the 2007-2008 National Pet Owners Survey, 63 percent of United States households own a pet.

(2) The Human-Animal Bond has been shown to have positive effects upon people’s emotional and physical well-being.

SEC. 3. DEDUCTION FOR PET CARE EXPENSES.

(a) In General- Part VII of subchapter B of chapter 1 of the Internal Revenue Code of 1986 (relating to additional itemized deductions for individuals) is amended by redesignating section 224 as section 225 and by inserting after section 223 the following new section:

`SEC. 224. PET CARE EXPENSES.

`(a) Allowance of Deduction- In the case of an individual, there shall be allowed as a deduction for the taxable year an amount equal to the qualified pet care expenses of the taxpayer during the taxable year for any qualified pet of the taxpayer.

`(b) Maximum Deduction- The amount allowable as a deduction under subsection (a) to the taxpayer for any taxable year shall not exceed $3,500.

`(c) Qualified Pet Care Expenses- For purposes of this section, the term `qualified pet care expenses’ means 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.

`(d) Qualified Pet- For purposes of this section—

`(1) QUALIFIED PET- The term `qualified pet’ means a legally owned, domesticated, live animal.

`(2) EXCEPTIONS- Such term does not include any animal—

`(A) used for research or owned or utilized in conjunction with a trade or business, or

`(B) with respect to which the taxpayer has claimed a deduction under section 162 or 213 in any of the preceding 3 taxable years.’.

(b) Clerical Amendment- The table of sections for part VII of subchapter B of chapter 1 of such Code is amended by striking the last item and inserting the following new items:

`Sec. 224. Pet care expenses.

`Sec. 225. Cross reference.’.

(c) Effective Date- The amendments made by this section shall apply to taxable years beginning after December 31, 2009.


16 posted on 08/21/2009 4:14:21 AM PDT by TornadoAlley3 (Obama is everything Oklahoma is not.)
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To: TornadoAlley3
With $3500, I could buy 10 cows and 1 bull, and feed them for a year. I would finish the year with 21 cows, I could then sell 10 of them, and live well for the next year.

With $3500, I could buy 20 chickens, and build a coop, then eat eggs and chicken for life. .

With $3500, I could take one heluva Med cruise, with air, for two!


17 posted on 08/21/2009 4:14:27 AM PDT by WVKayaker (Sufficiently advanced technology is indistinguishable from magic. -Arthur C Clarke)
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To: All

How long before free veterinary care is a right?


18 posted on 08/21/2009 4:15:20 AM PDT by riri (http://rationaljingo.blogspot.com/)
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To: TornadoAlley3

Shouldn’t “Humanity and Pets Partnered Through the Years” be HAPPTY? These people can’t even spell!


19 posted on 08/21/2009 4:17:23 AM PDT by Tax-chick (If you've ever discovered your cow eating a guest in the barn, you'll understand.)
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To: TornadoAlley3

I think the problem is the “pets are people” analogy that it seems to evoke (you get tax deductions for your kids, too). Look, I know we’ve already got tax deductions for lots of stuff, but that’s the analogy that comes to mind - my mind, anyway.

Not going to the mat on this one - just sharing my thoughts. Also I would save the “HAPPY” acronym for something more insidious - like a tax break for euthanasia or something.


20 posted on 08/21/2009 4:18:46 AM PDT by Puddleglum ("due to the record harvest, rationing will continue as usual")
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