Friday, April 03, 2009
DENIED: Senate Committee Protects Women, Children, Poor and Disabled from Obama's Predations
Obama's plan to limit charitable deductions was strangled in the crib, as it should be.
No shit.
Unanimous, baby!
Splash, out
Jason
The U.S. Senate rejected a proposal by President Barack Obama to finance an overhaul of the nation’s health-care system by limiting the ability of the well-to-do to take tax deductions for charitable contributions.
The chamber unanimously approved an amendment to a pending budget plan that rejects the proposal to limit the size of itemized deductions that can be taken by those earning more than $250,000.
Obama proposed using the estimated $318 billion such a change would generate to help finance a health-care overhaul, which he says will cost at least $630 billion. Lawmakers said they feared the effect of such a tax change on charities.
No shit.
Unanimous, baby!
Splash, out
Jason
Labels: charities, Obama, stupid, taxes
Comments:
Post a Comment
