Saturday, October 13, 2012

Break Back Assessment

Tax breaks are given for charity. But what if you give all your charity to a certain religious establishment. If you give all your donations to your own religious establishment, there is only an offering for those in your own district of American Culture and still not a benefit for all Americans.

I think that in terms of the ultra rich who give freely to a constricted population of people, we should be looking at limiting the amount of tax free kick back that is offered.

I would considerably wish to see my own faith compensated, but what about the other charities that benefit those who are deserving and of all faiths. Homeless Shelters, Food banks and The United Way and Red Cross.

Not that I am going to starve the nation of its religious needs, but I challenge men like Mitt Romney to offer more of their hard earned wealth to offering that benefit the majority of needy people.

So if you ask me, we should tabluate the actuary places of investment by charity that are given and compensate the tax rate as such. This would encourage more varied charatable giving and benefit the true American Needs.

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