This be preferential option for the poor?
President Barack Obama’s FY 2012 budget proposal would harm charitable organizations by raising the tax rate on upper-income individuals and families and reducing their income tax deduction for charitable donations.
These two changes in the tax code would discourage charitable donations and leave the most generous donors with less money to donate.
Predictably, they would shift resources from private nonprofit charitable organizations to the federal government, which is consistently less effective and efficient in caring for the needy.
Do you care about poor people or don’t you? That is the question.
OR: Do you love gummint more? (And while you’re at it, love penalizing wealth?)
Blithe Spirit 