Archive for the ‘Economy’ Category

Although I am an opponent of excessively high tax rates, both because they can be unfair and because they can impact on our efforts to protect and support our families, there is ideological tunnel vision in this right-wing, libertarian Republican position.

Yes, success is in part the result of hard work and ability, the rewards of which are deserved. But I know that my individual success is also in part the result of good luck and support from others. Even more important, it could not have been achieved in the absence of the society of which I am a member. I have an obligation to respond more than proportionally because I have profited more than proportionally.

tterRecognition of such obligation is part of what I was taught as a child. It is essential to being a mensch: literally being a “man” but figuratively being a “human being.” I admit that I wish my top tax rate were lower. But when the recent tax reductions were enacted, I would have voted instead for decreases in the regressive Social Security taxes for lower income brackets. These are the brackets in which rent is a huge burden and in which medical and dental

ccrtGiving to charity is tax deductible in most states; you can apply for tax relief when you pay your taxes. You must have proof that you contributed for a charitable cause when you apply for tax deduction. Helping the less fortunate will help you feel better; furthermore, you will save some money in the process. A number of street children are able to get a good education due to the generosity of upright citizens. Holding campaigns to save endangered animals will make the world a better place for the future generations.

Contributing to medical research institutions is a charitable act as terminal diseases could have a cure in the near future. Apply for tax relief for this great deed. People can achieve great things if they come together to fulfill a common goal. Giving money to support assisted living organizations is a charitable act that could earn you a tax break. A good deed should not go unrewarded; the charity you give today may profit you tomorrow if you are in need. It is important to teach your children to care for others and to value life. Charity represents respect for others less fortunate than yourself; in addition you …