Opinion: Tax-Code Changes Would Hurt Effective Charities
October 24, 2008
An anticipated Congressional review of the charitable tax deduction next year could undermine the work of some of the country’s most effective charities, says Howard Husock in an opinion article in The Wall Street Journal.
If Congress changes the tax code to favor donations to groups that can demonstrate direct service to “the poor and disadvantaged,” it could mean fewer contributions for organizations currently engaged in successful work by so-called social-enterprise groups that combine social purpose and business acumen, he writes.