Thursday, March 12, 2009

More Opposition to Reducing Tax Incentives for Charitable Giving

Opposition to the Obama administration's proposed limits on the charitable contribution deduction continues to grow across the nonprofit community and the political spectrum.  JTA, a nonprofit Jewish global news service, reports that officials from groups including the Orthodox Union and the United Jewish Communities have come out in opposition to this proposal.  At the same time, the Wall Street Journal not surprisingly also opposes this tax increase, but with the added twist that it views the increase as but a small part of an attempt by the Obama administration to shift the provision of many services from private charities to the government.

LHM

http://lawprofessors.typepad.com/nonprofit/2009/03/more-re-charita.html

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