He's also drawing up plans to ask companies to allow employees to contribute by payroll deduction to any Giving Back subaccount.
FORBES: Savior To The Stars
2.
Once in the subaccount, the money is invested and can grow tax-free until the couple designates eligible groups to receive it, at which point there isn't any deduction.
WSJ: Charity: Deduct Now, Give Later
3.
In his budget, the President proposed slapping taxes on new sales of variable annuities. (People who already own annuities will have a one-time opportunity to switch from one variable contract to another, tax free.) Clinton's levies include taxing income and capital gains if the holder transfers assets from one subaccount (a mutual-fund-type account) to another.