Sunday, September 21, 2008

Breeding Incentives Cause Rise in Slaughter Stats

Click on title above for full article & see para. #8. This is an old study, but becomes relevant in light of the new tax breaks and breeding incentives in the recently passed Farm Bill & Economic Stimlus Act that gives tax-breaks and breeding incentives to the racing industry. According to this old study, once incentives were removed, slaughter rates dropped by more than half!

From paragraph #8:

All indications are that racing is a major contributor to the horsemeat
export trade. An amazing statistic from the U.S. is that the removal of
tax benefits which encouraged the breeding of racehorses saw the total
number of horses slaughtered drop from 300,000 in 1990 to 88,000 in
2005.[6] That's a whopping 70% reduction despite an influx of Premarin
mares since 2002, though an offset has been an increase in rescue

Blogger note: Time for some ammendments to the recent enactments that give tax breaks to the industry and promote more racehorse breeding? We think so!


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