Art Laffer: We Should Get Rid of All the Tax Deductions from Contributions that Are Not ‘Religious Organizations’
‘They use the money in bad, bad ways’
RUSH EXCERPT:
LAFFER: "I did watch the segment and to prove it, I will lean forward and let you pull my hair out. I think what we need to do is Why Don’t We use this as an advantage for us? Why Don’t We get rid of all the tax deductions, that are not religious organizations, they would raise huge amounts of money, those tax deductions, tax exemptions also apply to the earnings, why should Harvard university get this and don’t even pay property taxes or sales taxes, tax-exempt organizations, use money and bad ways. a fair playing field, let them do the fair playing field and get rid of this, more than enough money to have a bill passed with reconciliation and we will get everything we want and it is the right thing to do."
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