October 04, 2008

I Didn't Know NASCAR Needed To Be Bailed Out

It appears as though the bailout bill had some extra provisions in it for NASCAR, even though I didn't know it needed it.

The Senate-passed bill includes an array of so-called “tax extenders.” One extends for two years a tax policy that had been allowed to expire in December that lets motor-sports facilities be treated the same as amusement parks and other entertainment complexes for tax purposes.


Sigh. Oh well, I guess I could console myself in the fact the New Lingerie Football League is starting up.



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