← 5 Unusual Provisions in the Fiscal Cliff Bill

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By C. Daniel Baker | Published January 4, 2013 | Full size is 620 × 480 pixels

The "NASCAR loophole," in place since 2004 calls for anyone who builds a racetrack to receive a small tax break which has cost roughly $43 million the past two years. The cliff deal extends this loophole for another year.

The “NASCAR loophole,” in place since 2004 calls for anyone who builds a racetrack to…

(U.S. Air Force photo by Larry McTighe)