NPR had a story today about a bill introduced by Rep. Thaddeus McCotter of Michigan. The Humanity and Pets Partnered Through the Years Act (HAPPY Act) would allow taxpayers to deduct up to $3,500 a year for pet care expenses. It turns out that the bill (H.R. 3501) was actually introduced on July 31.
Although this is another example of Congress doing something ridiculous, it is actually a good thing. We should be happy for any and all tax deductions, credits, and loopholes in the tax code. Since about half of Americans have a pet, this deduction actually benefits a large percentage of the population. Now we just need a deduction for auto repair expenses, food expenses, utility expenses, etc.