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Give Until It Hurts - Because It Will
Re yesterday's coma-inducing Obama press conference, I don't know what irked me more: Barack Obama's desire to reduce "rich" people's tax deductions for charity "just 'cause he can", Obama's firm belief that the wealthy can afford the cut, or his mind-bending belief that charities won't be affected by the cut in deductable contributions.
Obama isn't exactly a pillar of giving. Neither is No. 2.
Life in the age of Hopeandchange.
Obama isn't exactly a pillar of giving. Neither is No. 2.
Life in the age of Hopeandchange.
posted by Robert at 7:35 AM
1 Comments:
This will hurt charities really hard not from the very wealthy (old money people) since they've always given their share, but from those that were truly using it as a tax deduction.
Besides this $250K figure is so arbitrary. Depending on which market you live and the size of your family you can go from very well off, to very tight middle class.
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