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[an error occurred while processing this directive]February 26, 2009
Rep. Pitts Opposes Tax Increases During Economic Recession
Private charities helping during economic downturn will be hurt
Washington- Congressman Joe Pitts (PA-16) released the following statement today in response to President Obama’s fiscal year 2010 budget. Among other problematic policies, the plan includes major tax increases during an economic recession, including a cut in allowable deductions for mortgage deductions and charity donations at time when their services are needed most.
“This budget leaves much to be desired. For a President talking about fiscal responsibility, this document falls far short, by increasing taxing and spending with little attempt to make needed cuts in government programs.
I am especially concerned about tax increases during a recession—including a tax increase that will reduce donations to charitable organizations.
Charitable and community organizations form the bedrock of the strength of this nation. They were a large part of the strong civil society Alexis de Tocqueville was so impressed by when he came here to see why the young American republic was doing so well as his own country struggled with democracy.
President Obama is woefully misguided if he thinks reducing the tax credit for charitable donations will help America. During an economic recession, our churches and other community organizations assist many individuals quicker, and more effectively than government programs. It is a mistake to change our tax policy to reduce funding for these organizations when their help is needed most in communities across America.”
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