"In Hurricane Tax Package, a Boon for Wealthy Donors "

NYT
http://www.nytimes.com/2005/10/27/national/nationalspecial/27tax.html?th&emc=th

In Hurricane Tax Package, a Boon for Wealthy Donors


By STEPHANIE STROM
Published: October 27, 2005

A little-noted provision in the tax relief package to aid victims of Hurricane Katrina is shaping up as a windfall for charity and a drain on government coffers.

It allows donors who make cash gifts to almost any charity by the end of this year to deduct an amount equal to virtually 100 percent of their adjusted gross incomes, double the normal limit of 50 percent of income. The tantalizing prospect has set off a financial scramble among some wealthy donors and charities vying for their dollars.

"I just keep thinking there's got to be a catch, they can't really be doing this," said C. Kemmons Wilson Jr., a Memphis businessman whose father was the founder of Holiday Inns Inc.

Mr. Wilson said that he and his siblings gave away several million dollars a year and that the amount could double this year because of the provision. "How many sales does the government have?" he said. "This is a big sale, and you bet I'm going to go."

don't have the vocabulary. Mr. Wilson, you are a bastard and a traitor.

Normally he gives several million to charity, and now plans to give more because of a tax break. How does he sleep at night?

GOP leadership:

http://www.dailykos.com/storyonly/2005/9/25/95628/8554
title: LAT exposé: "The Red Cross money pit" - The TRUTH at last!!!

All the aspen roots are connected and stinking rotten.

total corruption and if it goes to the Red Cross or Pat Robertson's outfit, very little money will get to the hurricane victims who need it.

This is a shameless, evil scam.

"How many sales does the government have?" he said. "This is a big sale, and you bet I'm going to go."