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)?

One comment

  1. TONI ROBINSON · March 18, 2009

    TIME TO HAVE ALL NEW CONGRESS AND SENATE, THEY HAVE SCREWED UP THE COUNTRY AND HAVE BEEN PAID OFF BY SPECIAL INTEREST

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s