LETTER TO THE EDITOR: Taxpayers on hook for dwindling charity

Question of the Day

Is it still considered bad form to talk politics during a social gathering?

View results

The Washington Times’ recent front-page article “Charities could be losers in tax plan” (Friday) is off-base in portraying charities as the biggest losers in the president’s proposal to cut income tax deductions for charitable contributions. The biggest losers are going to be the taxpayers.

When taxpayers claim charitable contributions, they get to save approximately 15 percent to 20 percent of the contribution amount in reduced taxes, which means the government pays 15 percent to 20 percent of the total contribution. However, if the government ends the tax deductions, the total charitable contributions will drop considerably. With less money coming in to support those in need, the government then will have to step in with entitlement programs.

If the government steps in, it will have to make up the shortfall and we, the taxpayers, will be on the hook. We will end up with more entitlements, more debt and more voters beholden to a sugar-daddy-style government.



© Copyright 2014 The Washington Times, LLC. Click here for reprint permission.

blog comments powered by Disqus
TWT Video Picks
You Might Also Like
  • Maureen McDonnell looks on as her husband, former Virginia Gov. Bob McDonnell, made a statement on Tuesday after the couple was indicted on corruption charges. (associated press)

    PRUDEN: Where have the big-time grifters gone?

  • This photo taken Jan. 9, 2014,  shows New Jersey Gov. Chris Christie gesturing as he answers a question during a news conference  at the Statehouse in Trenton.  Christie will propose extending the public school calendar and lengthening the school day in a speech he hopes will help him rebound from an apparent political payback scheme orchestrated by key aides. The early front-runner for the 2016 Republican presidential nomination will make a case Tuesday Jan. 14, 2014, that children who spend more time in school graduate better prepared academically, according to excerpts of his State of the State address obtained by The Associated Press. (AP Photo/Mel Evans)

    BRUCE: Bombastic arrogance or humble determination? Chris Christie’s choice

  • ** FILE ** Secretary of State Hillary Rodham testifies on Capitol Hill in Washington, Wednesday, Jan. 23, 2013, before the Senate Foreign Relations Committee hearing on the deadly September attack on the U.S. diplomatic mission in Benghazi, Libya, that killed Ambassador J. Chris Stevens and three other Americans. (AP Photo/Pablo Martinez Monsivais, File)

    PRUDEN: The question to haunt the West

  • Get Breaking Alerts