Wednesday, September 14, 2011

It looks like President Obama never met a tax he didnt like... even from charities

House Majority Leader Eric Cantor reported that one of the measures in Obama's new 'PASS THE BILL' jobs plan is to tax charities 40%, including soup kitchens.

Here I thought it was only the Republicans who wanted to take away lunches from children, and make the elderly eat cat food.

Yesterday, it was announced that an astounding 1 in 6 Americans are living in poverty. President Obama's response? To demand a tax on donations to soup kitchens and other charities that help people desperately in need. The President's proposal 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. It’s no wonder this tax hike has been rejected on both sides of the aisle. – Eric Cantor blog

I guess anything is possible when you can eat Wagyu beef at the White House, and have the first lady metaphorically tell the public, "let them eat cake".  Alas, even FDR wasnt so bold in the 1930's to tax soup kitchens during the depression.


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