- Texas man arrested for powder-letter hoax
- Islamic State opens ‘marriage bureau’ for single jihadists
- Drone almost blocks California firefighting planes
- Tornado rips off roofs, downs trees near Boston
- GOP: Environmental rules keeping agents from accessing border
- John Kerry: Millions displaced by religious fighting in 2013
- Federal appeals court rules against Virginia’s gay marriage ban
- White House says Russia ‘losing’ war in Ukraine
- Hamas turns to North Korea for weapons deal, Iran for money
- Syrian casualties surge as jihadis consolidate
LETTER TO THE EDITOR: Taxpayers on hook for dwindling charity
Question of the Day
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.
TWT Video Picks
By David Keene
Allowing states to innovate could reduce dependency on bureaucracy
Get Breaking Alerts
- D.C. seeks to stay judge's order allowing gun owners to carry in public
- Hillary Clinton: Forget Obama, George W. Bush made her 'proud to be an American'
- Iraqi Christians rally at White House: 'Obama, Obama, where are you?'
- Illegal immigrants demand representation in White House meetings
- White House defends Kerry failure to broker Middle East cease-fire
- Tennessee Gov. Haslam slams White House for secret dump of illegals in his state
- Border surge puts Obama legacy on immigration at stake
- Federal appeals court rules against Virginia's gay marriage ban
- Federal judge rules D.C. ban on handguns in public is unconstitutional
- White House says Russia 'losing' war in Ukraine