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A message from the Paddock Keepers:Thank you for taking the time to check into The EQ 101 Paddock Club. In the near future, this page will be reserved for those who have purchased the Equinomics 101 package. We’ll publish some of your opinions, and answer your questions about Equinomics 101 and the broader equine industry to the best of our abilities. Where our expertise ends, we’ll find an experienced equine business practitioner to provide information. For now, everyone is welcome to submit their opinions and questions as we launch the Club.In the meantime, enjoy this article. It's the closest thing to a "State of the Equine Industry" report available. (You can use the link in the article to get even more detailed information, in fact!) Most Comprehensive Horse Study Ever Reveals A Nearly $40 Billion Impact On The U.S. Economy |
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AMERICAN HORSE COUNCIL WASHINGTON UPDATE
Equine Equity Act Re-Introduced
Senators Mitch McConnell (R-KY), Jim Bunning (R-KY) and Blanche Lincoln (D-AR) have re-introduced the Equine Equity Act (S. 1251). The bill has been referred to the Senate Finance Committee. The bill would end the disparate treatment of the horse industry versus other businesses under the federal tax code. Specifically, the legislation would: (1) make horses eligible for capital gains treatment after twelve months, similar to other business assets; and (2) place all race horses in the three-year category for depreciation purposes. Full article |
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