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President Obama's glib assertion that his reduction in tax deductions will not reduce donations is absurd. And his comment that his reduced deduction would only impact one or two percent of the nation misses the point that it is these folks who are doing almost half of the donating.In 2006, the most recent year for which data is available, four million taxpayers had adjusted gross incomes of $200,000 or more. They comprised 3% of the tax returns, made 31% of the income, but donated 44% of all charitable contributions. Together, they provided charity with $81 billion in that year.Obama's plan will cost them $10 billion in extra taxes on the income they allocated to charitable donations. How can the president be so glibly certain that they will not curtail their charitable contributions by a like amount or even more?
I feel like I have been asking this question a lot more lately. But honestly .. read this quote from Nancy Pelosi. It is about health-care legislation that will include an option for a government-run program that would compete with private insurers.
"This is not only about the health of individuals in our country, which will be justification enough ... It's about the competitiveness of our businesses to make them globally competitive because they are competing with companies and countries where the federal government -- their governments -- pay for health care. They don't have to bear those health care costs."
Hey .. Nancy .. newsflash. It is not the government that will be paying for this healthcare. The government does not generate an income to pay for healthcare. It seizes money from its taxpayers. Money that was earned by the taxpayers. So if the taxpayers have earned the money, and the government seizes it to pay for Democrat dreams and schemes like healthcare .. then the taxpayers are really the ones "bearing those healthcare costs" now aren't then?Well, we knew it would not be long before this happened. An enemy to America, a murderer of women and children, hails PresBo's speach on change. "The challenge for everyone is that (Obama's new language) is a prelude to a sincere change (of direction) in US and European foreign policy," Khaled Meshaal said in an interview with Italian newspaper La Repubblica.
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http://news.yahoo.com/s/ap/20090319/ap_on_go_co/aig_outrage
A pizza deliveryman, who said Monday he has been held up twice before, fired shots that killed a teenager during a holdup because he feared he would die and not see his wife and 5-year-old daughter again.
“I believe everyone has the right to defend themselves if their lives are threatened,” Christopher Miller, 43, said in a statement issued through police.
I bet the jack-asses that survived will think twice about robbing anyone again....