Thursday, November 26, 2009

Opinion

Tax Cuts for Pet Owners!

August 25, 2009 10:48 AM ET | Bonnie Erbe | Permanent Link | Print

By Bonnie Erbe, Thomas Jefferson Street blog

Who says Republicans aren't animal friendly?

OK, so the Obama administration has upwardly revised the deficit to several trillion more than previously thought. Deficit, be damned! We pet owners/animal lovers, etc., want our piece of the tax cut pie, too.

From the Animal Law Coalition:

A bill pending in Congress would give pet owners tax deductions, well, for having pets. H.R. 3501 introduced by Rep. Thaddeus G. McCotter (R-MI) is also known as the Humanity and Pets Partnered Through the Years or HAPPY Act.

The bill notes that according to the "2007-2008 National Pet Owners Survey, 63 percent of United States households own a pet" and "Human-Animal Bond has been shown to have positive effects upon people's emotional and physical well-being." Kind of an understatement....

Under the bill, H.R. 3501, pet owners could deduct expenses for the care, including veterinary care, of a pet up to $3,500 per year. Pet is defined as a "legally owned, domesticated, live animal." Animals used for research or held in conjunction with a business or similar use don't count.

Animals shouldn't be used for research or to make money (IMHO), so those other people don't deserve a tax break anyway. Do I think Rep. McCotter's bill stands a chance of passing in today's economy? No, but all great projects are launched with baby steps.

Tags: taxes | pets

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Reader Comments

Taxes

So it's ok for parents to get tax deductions on their children, but not people with pets? So make money on your children but not your animals? makes perrrrrrfect sense.

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About Bonnie Erbe

Bonnie Erbe is a contributing editor at U.S. News & World Report and hosts PBS's weekly news analysis program, To the Contrary with Bonnie Erbe. She also writes a weekly syndicated newspaper column for Scripps Howard News Service.

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