The majority of stem cell research is being done by Universities, not private companies. Besides, since I feel the private sector does a better job funding money than the government, I'm not a big fan of them funding anything so broadly. Just google this subject and you will see that many research facilities are worried that Obama's lift on the ban is going to cause private investors to pull their money now that the Feds are involved, especially if their taxes will be going up. I have more on this, but will save it for another post.
Miyabi - I am seeing the point quite clearly. You are saying that people should give more to the government and keep giving the same amount away to charities. Why? They earned it, and the government certainly hasn't proven they can do better with it. Besides, rewarding people for being charitable saves the government much more money than they give back. The fact is that many people (especially those of average income) will not donate as much money to charities if Uncle Sam is picking their pocket. They will begin to expect the government to take care of it instead. People are already taxed seven different ways to Sunday, and unless your an Obama pick for a Cabinet seat, you have to actually pay them. Have you not yet realized that the more money you give the government, the more things you expect them to control, the less control you have over your life.