Monthly Archives: April 2013
The “charity” deduction was created in 1917 to preserve America’s centuries-old tradition of philanthropy. It is the only section of the U.S. Tax Code that “rewards” a taxpayer for giving their resources away. Tax benefits for charitable contributions and tax-exempt organizations are approximately $100 billion annually.
Unfortunately, some political leaders see the charitable deduction as $40 billion in “lost federal revenue.” President Obama, former presidential candidate Mitt Romney, and the Bowles-Simpson Commission have proposed modifications that would decrease private giving.
Modifying or doing away with the charity deduction will disproportionately harm nonprofits that rely heavily on private giving. Even a 28% cap on charitable deductions, as some including President Obama have proposed, will lower total giving by $9.4 billion annually. Most donors won’t stop giving, but they will likely give smaller amounts and/or less frequently.
Contact Congress and tell them to protect charitable deductions.
Recent Articles and Blog posts:
The End of Charity?
by Richard A. Epstein (Peter and Kirsten Bedford Senior Fellow and member of the Property Rights, Freedom, and Prosperity Task Force at the Hoover Institution)
“The president’s redistributive effort to limit charitable tax deductions will hurt the poor—and everyone else.”
The 60-day comment period for the Health and Human Services (HHS) mandate came to a close on Monday.
But the Obama administration announced that the free contraception mandate will go into effect in August before the deadline! HHS Secretary Kathleen Sebelius said Monday, “As of Aug. 1, 2013, every employee who doesn’t work directly for a church or a diocese will be included in the benefit package.”
According to Archbishop William E. Lori of Baltimore, “in our Catholic tradition, the right to religious freedom proceeds from the inherent dignity of each human person.” This is why Catholic Advocate has done so much over the past three years to alert people of faith to the Obama administration’s assault on religious liberty and lobby Congress to pass conscience protection legislation. So today I want to take a moment to highlight some of the formal comments issued by Catholic organizations. I believe you’ll not only find these comments interesting, but a source of hope that we haven’t lost this battle yet. (more…)
By electing President Obama in 2008, we in turn got two hyper-liberal Supreme Court Justices—Elena Kagan and Sonia Sotomayor—and a host of new laws that violate the very core of our beliefs. And by re-electing Obama in 2012, America exacerbated the situation.
As a direct result of Obama’s successful appointments to the highest court, same-sex marriage may soon be the law of the land. We cannot sit back and watch Obama and his radical allies trample our beliefs. We must defend our faith and do everything in our power to stop this assault on religion in America. The reality is there isn’t much we can do to influence the Supreme Court’s rulings on same-sex marriage.
They say it’s not over until the fat lady sings.The team here at Catholic Advocate will not stop fighting for traditional marriage, or any of our core beliefs.
You can contact your Member of Congress here and tell them to support marriage between a man and a woman.