Quote:
Originally Posted by kjc  This means that when you prepare your income taxes, money you spent on pet care that year would count as non-taxable income -- and you could deduct up to $3,500 per year! It has nothing to do with how our tax dollars are spent. It has to do with lowering the amount each individual claims as income and has to pay taxes on. |
I understand what "non-taxable" means.
Regardless to how you look at it--tax dollars being spent directly or lowering the amount of income you pay taxes on, the end result is the same. That loss of money still has to be accounted for and taken from other places.
It's all a matter of opinion, but I personally don't think that pet care is something that people should get tax credit for.