The new budget proposed by the Obama Administration reduces the charitable deduction for couples making more than $250,000/year. www.usnews.com/money/personal-finance/articles/2010/02/02/breaking-down-obamas-budget.html The problem for non-profits is that people in this income level give over 50% of all charitable contributions. townhall.com/columnists/NathanTabor/2010/02/04/an_american_charity_slump Not only will churches be hit, but Harvard, the Red Cross, the American Cancer Society, art museums, and any number of other high profile non-profits. For this reason I expect that it will not pass, but it does illustrate the ideological bias of this Administration, e.g. - the Government should be and do everything.
One of the distinguishing characteristics of the United States from other nations has been a vibrant volunteer/non-profit sector which has done an incalculable amount of good over the years. De Tocqueville wrote about it in his early travels around America. Anyone with a sense of history and an understanding and appreciation for the heart of this country would know this. But then that's the problem, isn't it?
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