Thu. Mar 28th, 2024
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 co-owns with 2 other people.
On the other hand, a $77,000 tax deduction for a dressage horse may be politically troubling in a country where the 2010 median household income was $49,000.

By Ana Grarian

50+ hippy chick from NY - STATE - and yes, I'm sensitive about that.

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Ken Carman
Admin
11 years ago

I’m curious how you deduct for a horse. Did they declare this a business? A business can deduct almost anything, in fact I’m quite frugal when it comes to that because I think one should be honest. What an antique that philosophy is! I’m sorry, horses are 99.9% of the time a HOBBY.

Ken Carman
Admin
Reply to  Ana Grarian
11 years ago

Maybe they WERE the feed?

Olympics for horses?

Ken Carman
Admin
11 years ago

So he wore a dress made out of spices? (Dress sage?) Kidding! Not quite sure what they are. Will Google tomorrow.

Ken Carman
Admin
Reply to  Ana Grarian
11 years ago

Looked it up on Google. Kind of like the trials they put sheep dogs through, in a way, also like diving where the judges give scores for each move.

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