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#17
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![]() I had the same reaction. It makes no sense to purposely lose money so that you pay less taxes on your other income. You still come out a net loser on the combined income/loss. The guy is stupid, but probably not that stupid. Or, at least his accountants are probably not that stupid.
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Curlin and Hard Spun finish 1,2 in the 2007 BC Classic, demonstrating how competing in all three Triple Crown races ruins a horse for the rest of the year...see avatar photo from REUTERS/Lucas Jackson |