JOHN RIEWE

Archive for March 2009

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President Obama has announced a plan cut the deduction percentage that can be taken on one’s tax return for charitable contributions. While the administration claims that it will not affect behavior of taxpayers who give, we know better. This move will negatively impact charities. Why go after charities under the guise of soaking the rich by cutting the amount of deductions available to them? Perhaps to marginalise charities and use the proceeds to fund big government programs that will pick up the slack (in theory of course)?

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Written by John Riewe

March 4, 2009 at 12:22 am

Posted in Barack Obama, Democrat