Tax Deductions Proposed for Pet Care

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pet_collageHas anybody heard of the new bill introduced to allow tax deductions for pet care?

If passed, it could cover up to $3,500 of tax deductions for costs such as veterinary care for legally owned, domestic animals.

It was drafted in order to encourage responsible pet care and reduce pet abandonment cases, especially in the current economic downturn. It also mentions the positive effects of a human-animal bond on emotional and physical well being.

Some, however, worry that this might encourage people to get an animal simply for the tax break. What do you think?

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One Response to “Tax Deductions Proposed for Pet Care”

  1. LR says:

    Owning 5 dogs I think this is good. It will help those who’ve waited to get a pet but also encourage a ‘bad’ owner to get one and mistreat it. I just hope this is not the case.

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