Wednesday, September 14, 2011

Obama's Tax on Soup Kitchens and the Poor

President Obama unveiled his Son of Stimulus bill this week.

For the most part, the bill was a lightweight version of his previously failed "stimulus" bill. It proposes to penalize productive people and hand the money over to support temporary jobs in the government bureaucracy.

As was the case with the first "stimulus" bill, the new bill features even more government micromanagement in the form of "targeted tax cuts" and government-centered spending initiatives.

However, what is really interesting in this bill is Obama's assault on charities that help that poor.

The President's new bill will phase out charitable contributions for couples making over 250,000 a year.

Obama likes to rail against millionaires and billionaires, but working couples that make $250,000 are not not millionaires or billionaires. Obama is so obsessed with harming these people that he is willing to sacrifice soup kitchens and other charities that help the poor and homeless in the process.

Obama's proposals will impact approximately 40% of all the tax deductible contributions, and essentially penalize soup kitchens, hospitals, and churches that provide essential services to those who need them most.

Who does Obama's program hurt most? The "rich" or the "poor"?

The answer is obvious. Unfortunately, Obama doesn't really care about the poor. Like all leftists, he only cares about punishing the successful.

No comments: