How a Trump Tax Break Rescued Horse Racing

  • Posted on February 16, 2026
  • Taxation
  • By The New York Times
  • 2 Views
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. continue reading...

Author
The New York Times

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