Reid suggests that there be a "Tsunami aid" tax write-off

[Khephra]

for those who give aid.

(Just now live on the Senate floor.)

Ok, those were the words the tax-write-off Republicans were waiting for.

[denverbill]

1. No since being charitable if there's nothing in it for me.

I think that's the basic Republican mantra.

Now, if I can write it off my taxes, well, then, maybe I'll help people who are dying.

[tk2kewl]

2. you already get to deduct charitable contributions

what does he want? an actual tax credit rather than an income deduction?

[Khephra]

4. It sounded like a tax credit and he wanted it pushed through quickly

He just mentioned it in passing, so there were that's about all the details. It would be too crass to get into bill specifics during a tribute to the victims, I imagine.

[CottonBear]

3. Only if you can itemize though.

I can't itemize: no kids, mortage interest, state & local taxes and ad valorem taxes all total less than standard deduction. I have a ROTH rather than a standard IRA, so no more end of year write off for that. It sucks being middle class and not in loads of debt. I have a modest home, used cars (only owe $2,500 on one of the 3). I can't write any charitable giving. This is for Repubs only.