{"id":11870,"date":"2009-03-23T17:08:26","date_gmt":"2009-03-23T17:08:26","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/rns_will_obama_tax_plan_hurt_religious_groups\/"},"modified":"2009-03-23T17:08:26","modified_gmt":"2009-03-23T17:08:26","slug":"rns_will_obama_tax_plan_hurt_religious_groups","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=11870","title":{"rendered":"RNS: Will Obama tax plan hurt religious groups?"},"content":{"rendered":"<p>President Obama&#8217;s proposed 2010 federal budget contains a 7% cut in charitable tax deductions for the nation&#8217;s wealthiest taxpayers. Some religious groups are asking how that will affect their bottom line.<\/p>\n<p>The answer: it depends who you ask.<\/p>\n<p>Here&#8217;s what it means in real terms for the 5% of Americans whose household income exceeds $250,000 a year. Those families can currently save $350 in taxes for every $1,000 donated to charity; under Obama&#8217;s plan, that amount would drop to $280 per $1,000 donation.<\/p>\n<p>&#8220;By doing this, you raise the cost of giving&#8221; said Roberton Williams, a senior fellow at The Tax Policy Center, a liberal Washington think tank.<\/p>\n<p><a href=\"http:\/\/www.usatoday.com\/news\/religion\/2009-03-22-obama-church-giving_N.htm\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Obama&#8217;s proposed 2010 federal budget contains a 7% cut in charitable tax deductions for the nation&#8217;s wealthiest taxpayers. Some religious groups are asking how that will affect their bottom line. The answer: it depends who you ask. Here&#8217;s what<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=11870\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,135,149,114,616,151,667,108,587],"tags":[],"class_list":["post-11870","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-charitiesnon-profit-organizations","category-economy","category-law-legal-issues","category-office-of-the-president","category-politics-in-general","category-president-barack-obama","category-religion-culture","category-taxes"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/11870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11870"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/11870\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}