The White House’s newly released tax reform proposal would result in 28 million people losing their tax incentive to give to charities. All the provisions in the proposal combined could result in up to $34 billion less in giving each year*. This will damage the very fabric of the charitable sector and our communities.
Raise your voice and tell your member of Congress to fight for charities by expanding the charitable giving tax benefits to all Americans.
* Estimates from Urban Institute Center on Nonprofits and Philanthropy report "Preliminary Estimates of the Impact of the Camp Tax Reform Plan on Charitable Giving" authored by Joseph Rosenberg, C. Eugene Steuerle, Ellen Steele, and Amanda Eng. September 10, 2014. http://www.urban.org/research/publication/preliminary-estimates-impact-camp-tax-reform-plan-charitable-giving/view/full_report
Why the charitable deduction should be available for all taxpayers
Currently, Americans can reduce their taxes by giving to charities. This is called the charitable deduction. The charitable deduction is only available to itemizers. Under the current proposals, only 5% of Americans are expected to itemize their taxes. It's time for all American taxpayers to have access to the charitable deduction. Watch the video and take action above.