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To: Wicket

I saw an explanation on FR last night that went like this.....a millionaire in the past may have given $100,000 to a charity....and gotten a $38,000 charitable deduction...in the future they will only get a $28,000 deduction....I don’t know how far down this goes into income levels, i.e. if someone who makes $100,000 and gives $10000....whether it changes their deduction.


7 posted on 02/27/2009 8:55:21 AM PST by goodnesswins (Conservative and fighting for freedom and liberty....whether you like it or not.)
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To: goodnesswins
Imagine, once this happens, its just a precedent to do it again. Then any excuse can be made to decrease the deductions and increase those affected.

Eventually all church and faith based giving will be eliminated. Wipe out churches, wipe out more opposition to the Obammunist.

Besides, if the government gets rid of charitable giving, then it can "assume" the role of the charity, and give how it sees fit. And tax individuals accordingly, in the name of charity. AND FAIRNESS.

13 posted on 02/27/2009 9:03:28 AM PST by mountn man (The pleasure you get from life, is equal to the attitude you put into it.)
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