Apparently nostalgic for recession, more than 100 House Republicans have proposed to cut federal spending by $550 billion in 2012.
Posts Tagged ‘math’
Philanthropy and the Estate Tax
July 19th, 2010
MisterX68048 When President Obama proposed to cap the value of itemized deductions at 28 percent, the philanthropic sector came out foursquare against the idea, claiming that it would decimate charitable contributions. Cutting the tax savings from gifts to charities for high-income taxpayers would raise the after-tax cost of giving and lead people to give less

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