Dog News: Deduct Your Dog’s Vet Bills?
Vet bills are necessary part of owning a dog (or any pet), but no one enjoys dishing out the large sums each year for annual care. According to a survey conducted in 2007-2008, 63% of American households own a pet. With the economic state of the country, pet care is often the first item to be compromised in many households.
Photo by srkL
Congressman Thaddeus McCotter (R-MI) is trying to make the process of being a responsible pet owner a little less financially painful. He introduced the HAPPY Bill or Humanity and Pets Partnered Through the Years (HAPPY) Act H.R. 3501 this past July. The bill would “permit pet owners to deduct up to $3500 from their taxable income expenses they occurred in providing adequate pet care.” It would not cover costs related to owners obtaining a new pet. The bill has been referred to the House Committee on Ways and Means.
Do you think this bill would encourage people who are struggling with veterinary bills to seek out the care needed for their dogs?
Popularity: 1% [?]
January 7th, 2010 at 12:32 pm
Great idea….check our http://www.NOVAdogmagazine.com for more info on dog ownership costs.