With word that some politicians are pushing to have green fees for business-related golf outings qualify as legitimate deductions, golf operators across Canada have understandably been talking up such a move favourably.
My own theory is, and it’s mentioned in this Wall Street Journal story, is that golf’s image as a game for the elite is still hurting the game.
Before that statement triggers a debate, I’m not saying that golf is exclusively a game for the elite, just that it’s an image that has endured over the decades, dating back to when it was mostly played at private clubs.
Image is a powerful thing, despite the number of blue collars on fairways and greens these days and the number of golf operations that are trying to stay ahead of the bill collectors. That’s hardly the environment of the rich and powerful.
So, whether this image is just or unjust is not the issue. It’s what many people have conjured up in their minds and it’s understandable to wonder if it will have an effect on this movement going forward.
With so much talk about the gap between rich and poor growing and the elimination of the middle class, or the outrageous salaries/bonuses of some company CEOs, will any government take the risk of being seen as favouring the wealthy again, even if that opinion is based on a false impression?
So making golf tax deductible is hardly a slam dunk at this point, but do you feel it has a chance of gaining status as a legitimate business expense in the next couple of years? That’s the topic of this week’s GNN Poll.
Will the government feel it’s taking a risk by being perceived as favouring the wealthy, or will it realize that golf is no different than any other deduction that is currently accepted.
What do you think are the chances of golf becoming a legitimate business expense in the eyes of the federal government over the next two to three years?
- Good (47%)
- Poor (31%)
- Excellent (22%)
As always, feel free to voice your opinion on this subject in the Comments box below.