Student proposes tax plan - The Observer - News

Student proposes tax plan - The Observer - News: "Student proposes tax plan
Mendoza innovator aims for Katrina aid
By Kate Antonacci
Published: Friday, October 14, 2005
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Like many Americans affected by the traumatic hurricanes that devastated the south in August and September, graduate student Dan Kelly wanted to help.

His solution, however, was not to donate large sums of money or collect food and clothing, but to create a new tax plan.

'This idea could potentially become a tax law for the years 2005 and 2006. It still has a long way to go but it is generating speed and encouragement,' Kelly said.

Kelly, who is enrolled in a Tax Research graduate course offered in the M.S. in Accountancy program, has created a proposal that would give everyone who donates money to hurricane victims a deduction."