Pet exemption
Pet exemption
Sunday, February 7, 2010
Since parents are allowed tax exemptions for each dependent child, I think people should also be allowed tax exemptions for pets. After all, they’re “dependent,” too!
Here’s my proposed tax deduction breakdown per pet:
Dog: $2,000
Cat: $1,500
Rabbit: $500
Snake: $250
Lizard: $150
Hamster/gerbil: $50
Fish: $10
Ant farm: 10 cents per ant