Rmoney horse gets $77,000 tax deduction; more $ on horse upkeep than US family spends on basics

[wordpix]

No, Mittens is NOT out of touch with the average American family

And what is with that tax deduction for a horse? That's Mitten's business deduction now? Calling IRS!!!!!!

http://current.com/shows/the-young-turks/videos/romneys-dressage-horse-costs-more-to-take-care-of-than-an-average-american-family

[elleng]

1. They did not 'get' a $77,000 deduction, they SOUGHT one;

they only got $49.00. IRS was onto it.
Problem is with Congress for maintaining this as reasonably deductible.

[wordpix]

4. Still outraged, even if it's $49K. On what basis would IRS allow this?

[TeamPooka]

2. Make your hobby a business...

if you can afford to do so.

[wordpix]

3. the Rmoneys now are in the horse business?

[aint_no_life_nowhere]

8. Rob Rom Enterprises, LLC is the name of the corporation that owns the horse

[elleng]

5. Read all about it (or not.)

http://www.democraticunderground.com/1002819386

[TrollBuster9090]

6. "Why do liberals HATE people with Multiple Sclerosis?"

[pansypoo53219]

7. 'hobbies' need to be means tested and fuck you if you say class warfare.

THIS IS CLASS WARFARE.