Tuesday, September 02, 2003

House Working on Faith Based Charities Bill

One of the first items on the House agenda this month is a scaled-down version of President Bush's faith-based plan, consisting largely of tax incentives to encourage donations to religious charities.....The Senate bill also has an environmental provision some Republicans dislike. It would provide a discount in capital-gains tax when land is sold for conservation purposes. Some Republicans, including Sen. Don Nickles of Oklahoma, say that this is unfair, and that the tax should be reduced for everyone, not just some.

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