October 1, 2014

Tax deduction for family pet under consideration

December 27, 2009
The Greenville News

Excerpt

“This is the kind of thing put into the tax code that, while it may be worthy, we have to start asking ourselves, ‘Can we afford it, or not?’” said Harry Zeeve, a pet owner and field director for the conservative Concord Coalition, which normally briefs elected officials on the dangers of federal budget deficits.

“And the answer to that question is, ‘not now,’” Zeeve said. With one-third to two-thirds of the U.S. population owning pets, “it’s no small price tag,” Zeeve said of the cost of the proposed tax cuts.

Advances in veterinary technology and the development of expensive new drugs can make pet ownership more costly now than ever before, Zeeve said.