Tuesday, September 4, 2012

Putting other people's money where your mouth is

Republicans are obsessed with markets.  They profess that markets will fix anything, that the best solution to anything is to let the market do its thing and everything will be fixed.

They attack using the tax code to manipulate people.  They declare that such things distort the market and don't even work.

I propose the removal of a tax benefit which is doing just that.  Remove a tax break which acts as a handout to the order of tens of billions every year.

Remove the tax deduction for charitable giving.  This gives unfair, market distorting preference to non-profit groups, groups which are not regulated by the market and therefore can be exceptionally inefficient and wasteful.

It's time the GOP put other people's money where their mouths are.

2 comments:

JoeNavy said...

I love this idea.

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