The Mudcat Café TM
Thread #60069   Message #960211
Posted By: GUEST,Q
27-May-03 - 11:43 PM
Thread Name: What do ranchers raise?
Subject: RE: What do ranchers raise?
Forgot to mention- these new age Canadian 'cattlemen' lose money on their cattle, taking a loss which is charged off on their taxes against the profits of their real business. I imagine that this dodge is also worked in the States- I am out of touch with current US tax practices, not having lived there for quite a time.