https://redstate.com/aglanon/2011/10/31/obama-administration-flip-flops-on-charitable-giving/feed/Conservative News & Politicsen-usThu, 11 Jun 2026 04:33:06 -0400<![CDATA[The Obama administration firmly believes that one of the contributors to our national debt and budget deficits is the fact that the wealthy give to charity.  His jobs bill makes this clear by proposing a cap on the deduction high income earners (the one&#8217;s most likely to take advantage of the deduction as well as provide the largest contributions) can claim when engaging in philanthropy.  Currently, anyone earning over $250k per year is able to deduct up to 35 cents for every $1 they contribute to charity for up to 50% of their income.  Under President Obama&#8217;s proposal, that would be dropped to 28 cents per $1.]]>Mon, 31 Oct 2011 10:30:46 -0400<![CDATA[Ben Howe]]>https://redstate.com/aglanon/2011/10/31/obama-administration-flip-flops-on-charitable-giving-n40958