Bah, Humbug! Ebenezer Obama Wants to Tax Charitable Giving by Wealthy
President Obama’s multi-trillion-dollar budget contains a huge lightning rod for bipartisan opposition. He wants to limit tax deductions for charitable contributions by individuals earning over $200,000 or couples earning over $250,000, and he’s counting on this to rake in $179.8 billion in new tax... Sign in to see full entry.