Well, the government is at it again... attempting to take monies from charitable organizations to pay for their own free spending. Now instead of one deciding where one's money will be used, the government will decide. And before the monies are distributed, it will be filtered and reduced through the bureaucratic behemoth which our government has become.
As a country we are moving closer and closer to Socialism. The saddest part is that such a large number of people don't realize it. Nor do they realize the consequence of this move.
Do we really need more of this type of thinking:
Dr. Eugene Steuerle, is a noted economist and the Richard B. Fisher Chair and Institute Fellow at The Urban Institute, a Washington, D.C.-based "think tank" focused on nonpartisan economic and social policy research. During Steuerle's brief presentation he described a number of different adjustments that could be made to the charitable deduction that he felt would both maintain charitable giving and still help reduce the budgetary shortfall. While he acknowledged the benefits to society of the deduction as it now functions, he said "we have to deal with the budgetary shortfall now. There's no better time for dealing with this than right now."
Elder Dallin Oaks testified in defense of charitable giving at the Senate Committee Hearings on 'Tax Reform'. I have several other names I'd call this hearing... If you'd like to listen to those who testified, link here.
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