Upper-Income Americans Would See Tax Deductions Cut on Charity

This story from the Wall Street Journal may be of particular interest to Latter-day Saints because for those who live in the United States, tithing is considered a charitable deduction from your income tax.

WSJ reports:

“Obama on Thursday will propose $634 billion in new taxes on upper-income Americans and cuts in government spending over the next decade to pay for his promised health-care expansion.