In response to:

Socialism v. Charity

oujon Wrote: Dec 26, 2012 4:42 PM
Fletch, of course I believe that voluntary charitable giving is always better than government coerced "charity," which has proven itself to not work as well (or at all). I am focusing here on the tax deduction for giving. Obviously, the government can and should reduce its spending; however, if an individual taxpayer has to pay even a tenth of a percent in a higher tax rate to offset the charitable donation deduction of another taxpayer, then that amounts to socialism, albeit a very mild form. By eliminating the deduction while at the same time reducing all the rates to offset the elimination would be a step in the right direction.

With the fiscal cliff looming, Washington is looking under every rock for new forms of “revenue.”

Nothing is sacred, not even the mortgage and charitable deductions, which some are recasting as “loopholes.” Ending the mortgage deduction when the housing market is finally showing signs of recovery would be like giving a cancer patient strychnine to make him feel better.

Even worse would be ending the charitable deduction, for the simple reason that this deduction encourages private sector benevolence, which the federal government under Barack Obama treats as pesky competition.

As government grows, the private sector wanes, a situation created...