Wednesday, March 04, 2009

Punishing Charity...

[Thanks to the Rational Review for the link]

"The federal government budget proposed by the president imposes
higher taxes on incomes above $250,000. One of the provisions is that
charitable donations would no longer be tax deductible. ... Without a
tax deduction, charitable donations get tax punished. When the
beneficiaries of donations are the poor and other good causes, these
suffer from fewer gifts. A tax on charitable donations hurts the
homeless, the hungry, the wildlife that does not get preserved, the
ignorant who do not get educated, and all humanity which loses
knowledge and more of its natural legacy. When government taxes the
rich like this, it taxes the poor."
Fred E. Foldvary

http://www.freeliberal.com/archives/003735.html

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