Quote:
Originally Posted by Riot
I wouldn't mind at all. Wouldn't change my charitable donation rate. What 'Zig said, though. Churches can show their "charity" for deduction like everyone else, and pay taxes on the rest at the business rate.
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Might not change your donation plans, but I will tell you the people giving away millions and millions of dollars to charities (either partly or mostly) because they have to for the break, it would change they way they do things. A lot of research is funded that way. We should try it though, I am certain the tax increase would go directly to paying down our debt and helping out those in need.
