(Photo: Getty Images for NASCAR, file)
Taxpayers aren’t the only ones who won’t be flying off the fiscal cliff — this year, at least. Add race cars, movies and asparagus to the list.
As part of their last-second deal to slam the brakes on an economy racing toward the so-called fiscal cliff, lawmakers gave the green light this week to extending dozens of business and industry tax breaks, like a cost-recovery program that will save the owners of “motorsports entertainment complexes” (that is, racetracks) about $70 million over the next two years.
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