A ‘Conservative’ vision for America – ‘The Romney’s Horse-Related Tax Deduction in 2010 Exceeded the U.S. Median Household Income’
Imagine. A ‘hobby’ that gives you a $77,000 tax deduction.
I need to get a new ‘hobby’.
‘Dressage horse competition is Ann Romney’s hobby. She buys the horse, pays for its food, shelter and veterinary care (and travel) and she pays for the trainer’.
‘The Romney campaign hasn’t spelled out what kind of tax deductions it wants to close in order to pay for lower headline income tax rates, but perhaps something related to horses could do the trick’:
‘As millions tune into the Olympics in prime time this summer, just before Mr. Romney will be reintroducing himself to the nation at the Republican convention, viewers are likely to see “up close and personal” segments on NBC about the Romneys and dressage, a sport of six-figure horses and $1,000 saddles’.
‘The Romneys declared a loss of $77,000 on their 2010 tax returns for the share in the care and feeding of Rafalca, which Mrs. Romney owns with Mr. Ebeling’s wife, Amy, and a family friend, Beth Meyers’.
‘Meanwhile, the median household income in the United States in 2010 was $45,800’.
From : http://sayitaintsoalready.com/2012/06/16/the-romneys-horse-related-tax-deduction-in-2011-exceeded-the-u-s-median-household-income-by-a-lot/
The Last Of The Millenniums 
Nauseating. And this is a “man of the people” who will save this country! Thanks for the great blog.