tag:blogger.com,1999:blog-7705675907060089073.post8966084915426360442..comments2024-03-23T05:55:29.759-04:00Comments on Bonsai from the Right: Obama's Jobs Plan Is Paid For By Charities That Feed The PoorChrishttp://www.blogger.com/profile/12905362327313044045noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7705675907060089073.post-84211053719926076422011-09-16T12:54:42.819-04:002011-09-16T12:54:42.819-04:00Joe, dropping anything while the poor in this coun...Joe, dropping anything while the poor in this country are growing in number is wrong. Why would anyone cut anything from the poor? Do you not care about the poor and hungry in this time of need? Why take from the poor?Chrishttps://www.blogger.com/profile/12905362327313044045noreply@blogger.comtag:blogger.com,1999:blog-7705675907060089073.post-20846755843031342792011-09-16T10:23:11.007-04:002011-09-16T10:23:11.007-04:00Chris,
I think you should take time to actually ex...Chris,<br />I think you should take time to actually examine the facts and see what is being suggested and how things might actually turn out. <br /><br />1. The suggested cap is only reinstating the 1986 cap signed into law by Ronald Reagan. <br /><br />2.70 percent of high earner donations go to Arts institutions instead of 8 percent of all other donators.<br /><br />3. The Liberal center on Philanthropy estimated donations would drop by only 2 percent. <br /><br />4. During an 11 year span in which the Alt Minimum tax capped many donations by 6 figure earners donations rose by 8 percent.<br /><br />So before you get all sanctimonious can you please tell us why your really upset? Could it be that your worried that Church's would lose donations? My feeling is that donations to church are not to a charity and should not be tax deductible all things considered.JoeCnoreply@blogger.comtag:blogger.com,1999:blog-7705675907060089073.post-48269367739995339882011-09-15T11:37:29.464-04:002011-09-15T11:37:29.464-04:00The jobs bill will never become law. That said, ca...The jobs bill will never become law. That said, capping the charitable deduction is just another means of transferring power from the private (in this case, nonprofit) sector to the public sector. Obama believes government should be the primary provider of programs and services, and needy citizens (or non-citizens) should be dependent on and beholden to the government. It’s a power grab, pure and simple.<br /><br />After two and a half years of blaming Bush, Obama will shift the blame for the stalled recovery to Congress, specifically tea party freshmen. It’s a strategy that worked for Truman in 1948, and with at historically low approval (polling 12%), it just might work with some Independent voters.Amy Leaffnoreply@blogger.com