May 31, 2020

Congress prepares to extend tax breaks for horse owners, film industry and more | Fox News

While you might lose money betting on the tracks, some race horse owners are making millions -- and with the help of the U.S. tax code, they can write off the cost of their thoroughbreds. That's just one of 55 tax "extenders," worth up to $44 billion, currently being debated by Congress.

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