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How Christians Can Avoid a Tax Increase Under Obama

By Matt · Comments (4)
Tuesday, November 4th, 2008

To the 74% of white evangelicals (and other Christians) who voted for John McCain and are worried that Obama will raise your taxes:

If his tax plan goes as he plans, only families making $250,000 or more will have an increase in taxes.  If that doesn’t sit well with you, you have an alternative.  Give more away to your church and favorite charities.  Check with your CPA on this, but I believe up to 50% of income can be deducted for charitable contributions.  So, if you make between $250,000 and $499,999, you’ll be in the lower bracket if you give away enough money to deduct until you are under the $250k mark.

Problem solved.  Small businesses will have to figure something else out.

Comments (4)
Categories : News
Tags : 2008 election, obama, taxes

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