3 ms·used to be?by MaysonL 11y agoused to be?gozur88 11y agoYes. Prior to 1986 it seemed like everyone you knew had a money-losing chinchilla farm or something they could write off. If you tried to do that today the IRS would laugh at you.MaysonL 11y agoAs opposed to the present, when there are no tax loopholes.gozur88 11y agoIn relative terms, that is correct.