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ArtikelOne Hand Giveth: Charities, Tax, and Politics  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 403 no. 8780 (Apr. 2012), page 61.
Topik: Fiscal Policy; Donations; Lobbying; Income Taxes; Politics; Charities
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.71
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikelThe culprit was clear: George Osborne, the chancellor of the exchequer. The crime scene was the budget statement in Parliament on March 21st. At first Osborne was lambasted for restricting pensioners' tax allowances; then came a class-inflected dust-up about the cost of pasties (the kind you eat, not the kind you wear). But his most grievous measure, it turns out, was to restrict the tax relief available for philanthropy. The ensuing row reveals much about the state of British politics. Osborne announced that, from 2013, a limit would be imposed on the use of several income-tax reliefs that are currently uncapped, including the one for charitable giving. He set the limit at 25% of income for sums above Pounds 50,000 ($80,000). An impressive alliance has formed to denounce this move. This lobby's most powerful point is that the pinch on giving seems to contradict the government's own policies.
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