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Silent Private Charities No More?
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From
27/02/2009 10:55:08
 
 
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Forum:
Politics
Category:
Other
Title:
Silent Private Charities No More?
Miscellaneous
Thread ID:
01384561
Message ID:
01384561
Views:
55
The majority of charitable contributions by Americans are private donations to private charities. It has been the habit of Americans to donate privately and decide how much and to whom they want to give. Is that about to change? With the economy down, there are less charitable donations when they are needed most. Add to that the new tax law changes which will limit the tax write-off for charitable contributions down to 28% from 35% and the rich will give less. Charitable organizations are worried. It looks like the donations typically given by private citizens and corporations will have to come from the government in the future. That will have the effect of the U.S. 'appearing' more charitable than before (when it comes to global charities), but in essence, the government will be deciding how much and to whom the monies will go. That of course will require another tax increase to cover those costs in the future. We aren't there yet, but are we moving in that direction? If so, will it be acceptable to the majority when we get there? Is it a good thing or a bad thing?
.·*´¨)
.·`TCH
(..·*

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"When the debate is lost, slander becomes the tool of the loser." - Socrates
Vita contingit, Vive cum eo. (Life Happens, Live With it.)
"Life is not measured by the number of breaths we take, but by the moments that take our breath away." -- author unknown
"De omnibus dubitandum"
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