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RURAL RESOURCES

White House Proposes Limits on Write-Offs for Charitable Contributions

Sep 21, 2011 // Alison Cassin // Online
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The White House says its proposal to limit the write-offs that wealthy people could claim for their charitable deductions would ultimately help nonprofits, even as opponents say the proposal would essentially amount to a “tax on soup kitchens.”

President Obama made the proposal as part of his job-creation plan, saying he would pay for the legislation by reducing the value of all itemized deductions, including housing and charitable gifts.

But the White House has faced strong criticism from nonprofits that say changes to the charitable deduction would punish charities that are providing crucial services to those in need.

Read the entire article in the Chronicle of Philanthropy: http://philanthropy.com/blogs/government-and-politics/white-house-and-gop-trade-charges-on-charity-write-offs/29171?sid=pt&utm_source=pt&utm_medium=en

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  • TOPIC:Politics + Policy
  • TYPE:Publications + News
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  • Online

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