Dick Morris writes on his Web site about what he believes Obama's call for a reduction in tax deductions will do for charities. If this is true, those who operate and work for nonprofit organizations must be concerned. You can read Morris' column here.
Here is an excerpt:
It is totally dishonest for Obama to pretend that his curtailment of these deductions won’t hurt the poor. It will most directly impact them since most of the charities Obama is hurting focus on helping the impoverished.This proposal is not about saving money. It is about controlling it. By, in effect, transferring at least $11 billion a year from private philanthropy to government spending, Obama empowers the public sector at the expense of the voluntary one.
President Obama’s recommended reduction in the tax deduction for charitable giving reflects his fundamental belief that only the government can or should help the poor. He wants to keep the impoverished directly dependent on the government - and the Democratic Party - for their daily bread.
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