July 31, 2009

Want to be an organ farm?

So if you donate an organ to whoever you can receive a tax credit not to exceed $5,000. Now there are some who argue that if a woman can sell her eggs for money why not organs? Hundreds die each year because they needed an organ and none were available. I see the logic of this proposal and it sounds great, HOWEVER, I can totally see this getting abused. I can sooo see people from third world countries being butchered for this or homeless people or people in abusive relationships who just can't say no. This tax credit sounds great but I wonder if it is a slippery slope to selling organs

If it did become legal to sell your organs....
  1. Who will determine the fair market price of said organ?
  2. Will there be a minimum age? a maximum age?
  3. How is the govt going to monitor it?
  4. Will the income from the organ be taxed?
  5. Will the tax be considered income? or compensation for donating an organ?
Here are the boring details
http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:h218ih.txt.pdf
Living Organ Donor Tax Credit Act of 2009 (Introduced in House)

HR 218 IH

111th CONGRESS
1st Session

H. R. 218

To amend the Internal Revenue Code of 1986 to provide a nonrefundable personal credit to individuals who donate certain life-saving organs.

IN THE HOUSE OF REPRESENTATIVES

January 6, 2009

Mr. WILSON of South Carolina introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consi

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