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guys like Repole and Winchell and plenty of others can spend as much money as they want to monopolize the game. it will cost them about half as much money to buy a racehorse at a sale as any of us due to the tax laws. it only makes perfect financial sense to do what they do, if they don't spend it on horses they will have to give it to the government to run the government's programs and pay the debt.
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