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Bush's "Faith" based plan ... Unconstitutional?
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[QUOTE]Originally posted by JeffKardde: [QB] What if someone donates more money to charity than they would otherwise pay in taxes. Do they get a check from the Government? While some sort of tax credit might not be a bad idea for charity donations, I don't think a 1:1 ratio is a very good idea for it. "Wow! People donated 50 million to charities this year more than last year! People are really generous!" "Nah, they're just getting tax credits." Also, what charities get credited? It also seems a fairly easy way to launder money, or rip the government off. "Hey, I founded my own charity, so I'm going to donate $10 million to myself, get $10 million back from the government, and I'll have $20 million! Woooohooo!" [/QB][/QUOTE]
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