February 14, 2013
Charities Get Tough Questions on Tax Breaks—and Can Expect More
The charitable deduction took center stage at a Congressional hearing on Thursday as a string of nonprofit leaders warned lawmakers that messing with the tax break could have dire results.
Appearing before the House of Representatives Ways and Means Committee, charity leaders and academic experts argued that limiting the value of the charitable deduction would dampen giving, forcing colleges and other nonprofit organizations to curtail services, and that the tax incentive is unique
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