Ethics, AMT and other things
– Senator Feinstein is under scrutiny for some of her/her husbands dealings…I have always preached that we should all be careful what we wish for. If she has a true financial conflict of interest based on the law. Shame on her. If there is not legal conflict, only one that is perceived. Shame on her accusers.
– I don’t know much about the Alternative Minimum Tax (AMT) other than I pay it. And it is a major disincentive for charitable giving. Once the AMT kicks in, the deductions you take for contributions to non-profits often times fall out.
– State Senator Abel Maldonado is right. Mission San Miguel and others like it that dot the California landscape and shaped our history should be eligible state funds for rehab. I am not sure it isn’t the job of the Church or private sector or some non-profit (for which you won’t get a tax deduction for giving to because of the AMT) but if state funds are being used to fix up… Read More