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March 25, 2009

Lefty truthful about Obama's real agenda on charitable contributions

Brian Schwarz and Thomas Lifson
This writer at BeyondChron has this Obama policy about charitable tax deductions nailed:
Charities are concerned that reduced deductions will translate into reduced donations, hurting nonprofits just as foundation and government support declines. But nonprofits opposing this progressive reform miss the big picture. Government, not private donors, should decide how tax dollars are allocated.


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