Kasz216 on 12 March 2009
| Final-Fan said: "Also if you'd notice. Obama is trying to pass a law that caps how much money someone can donate to charity and get deductions. He wants to stop people from donating to charity because he'd rather the government have that money. He's actually basically stealing from charities." Lol wut, not true. First, source plz. Second, not getting deductions for giving isn't the same as being FORBIDDEN from giving. |
That's exactly what i said.... and you've never heard of this?
The American Jewish Committee (AJC) is urging the Obama Administration to reconsider its proposal to cap the rate that high-income taxpayers can claim for charitable deductions.
"This proposal will have a devastating effect on nonprofits by removing a prime source of funding for our missions at a time when we are already grappling with severely reduced financial resources," wrote AJC Executive Director David A. Harris in a letter to Peter R. Orszag, Director of the Office of Management and Budget.
"The Administration should not strike an ill-considered blow at private philanthropy that would undermine charities already buffeted by the economic crisis," said Harris.
The implication is obvious. By hurting charity donations the government gets more money.
