Where does all that charity funding come from?
Nevadans with a net worth of more than $1 million make up only 0.2
percent of the state’s population but account for more than 27 percent
of its reported charitable contributions, according to a report from
The Private Bank by Nevada State Bank. --Fox News quoted at Badger
Good thing that Obozo's plan will limit charitable deductions, eh? That way those charities will have to hit everybody else for a change.
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If I'm not mistaken that is also Boehner's plan and Ryan's plan. Oh and Romney's plan.
"Obozo's plan will limit charitable deductions"
Then those charities will have to shut down for lack of funds so they can't help the poor etc. Thus giving the government reason to expand even more to fill the space that that same government created by killing those charities.
Wonder if Planned Parenthood donations are exempt from the limit?
According to this Obama's most recent proposal does not change the cap on charitable deductions.
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