Skip to content
  • Home
  • Journalists
    • Headlines
  • Community
    • Businesses
    • Jobs
    • Learning
    • Marketplace
  • Store
(@)

How a Trump Tax Break Rescued Horse Racing

Owners spent nearly $1.5 billion last year on racehorses, a big increase over 2024. A new tax provision allows them to immediately deduct the full cost of the purchase.

Joe Drape
Author: Joe Drape

Written by

Joe Drape

in

Gambling, Horse Racing, Keeneland Race Course, Kentucky, National Thoroughbred Racing Assn, Taxation
←Rubio meets Orbán in Budapest as US and Hungary are to sign a civilian nuclear pact
Warner Bros. board members reportedly consider reopening deal talks with Paramount→

More posts

  • Protesters, leaders push back against DHS over Newark detention facility conditions

  • Goldman and Lander spar hard over Israel

  • Snowflake climbs after Q1 results top expectations, guidance gets a boost

  • Synopsys drops despite better than expected Q2 results, big boost to full-year guidance

About Us


Support Us

Trademark & Copyright 1998 – 2025 · MOSAEC

  • Facebook
  • Instagram
  • LinkedIn
  • YouTube