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To: hsalaw

He is either pretending he doesn’t know which makes
him sinister .. or he’s outright lying ... which is also
sinister. Bottom line: he’s a thoroughly sinister
critter to say that,

~~~

Charities Struggling With Recession, Obama Budget

http://wcbstv.com/topstories/charities.economic.crisis.2.953474.html

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Charities Say Government Is Ignoring Them in Crisis
http://www.nytimes.com/2009/03/05/us/05charity.html

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For the Rich, Government Is the New Charity
http://blogs.wsj.com/wealth/2009/02/27/for-the-rich-government-is-the-new-charity/

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Charities and nonprofit groups are up in arms over President Obama’s proposal to limit charitable deductions.

The plan would allow charitable donors earning more than $250,000 a year to deduct only 28% of value of any donations, down from 33% or 35% currently. The added tax revenue is to go into a fund for universal health insurance.

Charities, who often say in interviews that tax breaks aren’t the reason the wealthy give to charity, say the change will reduce giving.

“During the current economic downturn, which has forced nonprofits to do more with less, any proposal which would result in a decrease in private giving will be a disaster for America’s charities, and for those who depend upon them,” United Jewish Communities told the Chronicle of Philanthropy.


1,040 posted on 03/24/2009 6:23:05 PM PDT by STARWISE (They (LIBS-STILL) think of this WOT as Bush's war, not America's war- Richard Miniter)
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To: STARWISE

Only the top income earners will be affected...

but who gives millions for hospital wings, etc. It ain’t us regular folks. (And we fail to acknowledge that this won’t harm rich dems, since they only give their used underwear to charity).


1,046 posted on 03/24/2009 6:26:03 PM PDT by keepitreal (Obama brings change: an international crisis (terrorism) within 6 months)
[ Post Reply | Private Reply | To 1040 | View Replies ]

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