From Philanthopy.com:
So, good idea, or great idea?Obama's Tax Plan Could Cause Giving by the Wealthy to Drop by Several Billion Dollars Annually![]()
From Philanthopy.com:
So, good idea, or great idea?Obama's Tax Plan Could Cause Giving by the Wealthy to Drop by Several Billion Dollars Annually![]()
"Don't believe everything you read online."
-Abraham Lincoln
It is better to conquer yourself than to win a thousand battles. Then, the victory is yours. It cannot be taken from you, not by angels or by demons, heaven or hell.
Increasing (or re-instating) taxation on charitable donations seems likely to do so, logically. Heck, charitable donations went down with the economy; with less money available due to increasing taxes, why would it do anything but continue to drop?
Read the article- all I posted was the headline. Don't just jump on the word "could" in the title and proceed to dismiss all the reasoning that went into it out of hand.
I'd like to think that upper-income folks give to charity purely for the fact that they like helping others and that it being a tax write-off doesn't factor in. But seriously, don't you think the tax advantage plays at least some role?![]()
Last edited by Xiahou; 03-05-2009 at 05:58.
"Don't believe everything you read online."
-Abraham Lincoln
The Politico takes notice of Obama's teleprompter addiction:
President Barack Obama doesn’t go anywhere without his TelePrompter.
The textbook-sized panes of glass holding the president’s prepared remarks follow him wherever he speaks.
Resting on top of a tall, narrow pole, they flank his podium during speeches in the White House’s stately parlors. They stood next to him on the floor of a manufacturing plant in Indiana as he pitched his economic stimulus plan. They traveled to the Department of Transportation this week and were in the Capitol Rotunda last month when he paid tribute to Abraham Lincoln in six-minute prepared remarks.
Obama’s reliance on the teleprompter is unusual — not only because he is famous for his oratory, but because no other president has used one so consistently and at so many events, large and small.
"Don't believe everything you read online."
-Abraham Lincoln
He's still in that "anything but the last guy" n00bie stage. W did it with Clinton, Billy with HWbush, on back ad infinitum - they've all done that.
-don't fumble your words
-don't fall into "folksie"
-don't invade Iraq
-don't let the WTC fall
-don't bankrupt the country (oops, that might need tweaking) :)
Be well. Do good. Keep in touch.
I'm just happy everyone in the world is experiencing "Hope and Change" like we are here in the States; Global economic downturn and another Great Depression (Obamas words) is Change we all can believe in!!!
This is what the world view of a community organizer looks like... enjoy it fellow members of planet earth.
My 401K looks awesome!!! Everytime this guy's teleprompter tells him what to say, the DOW drops atleast another 150.
RIP Tosa
Yup, seems like the vast majority of Americans are hoping and changing as hard as they can:
The poll found a sharp jump in the proportion of Americans who say the nation is "generally headed in the right direction" since Mr. Obama's January inauguration, a period when economic indicators and financial markets have suggested the opposite. The survey shows that 41% of Americans say the country is headed in the right direction, up dramatically from 26% in mid-January, before Mr. Obama took office, and up from 12% before the election.
The number who say the country is on the "wrong track" is still higher at 44%, but given the economic conditions, pollsters expected it to be much higher.
In the past, similarly sudden improvements in national mood were recorded only after national emergencies that prompted a rallying effect, such as the 2001 terrorist attacks. In this case, the boost is being driven by Democrats and other Obama voters who are pleased with the opening weeks of the administration. Overall, two-thirds of all Americans say they feel "hopeful" about Mr. Obama's leadership and plans, compared with 28% who say they feel "doubtful."
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