You must be registered to comment and vote on comments.
$100,000 charitable contributions - for those in the 15% tax bracket... I suppose a former Bush administration adviser would worry about all those people in the 15% bracket giving $100,000 to charity...
Valid point. If Congress decided how much to spend on a worthy deduction it would be open for debate. Now nobody makes a decision year afer year what does this cost and what should it cost.
In other words, you want to change the deduction into a refundable tax credit. Yet another way to make people into net tax receivers. If I have an AGI of zero, another deduction is of no befit, under this plan, I become a profiteer off of the 53%!!! Good Plan!!!NOT.
Your comment is being reviewed for inclusion on the site.
Comments will be reviewed before being published.
The Opinion section is produced by the Editorial Department to foster discussion about key issues. The Editorial Board represents the institutional voice of the Star Tribune and operates independently of the newsroom.
425 Portland Av. S.
Minneapolis, MN 55488
© 2013 StarTribune. All rights reserved.
StarTribune.com is powered by Limelight Networks