Do the Math: Abolishing the Charitable Deduction Will Cost Charities Billions
If the deal to avert the fiscal cliff ends or caps deductions and increases tax rates on the wealthy, nonprofits could face staggering losses.
By Robert F. Sharpe Jr.
Contributor
Changing the Charitable Deduction Could Discourage the Most-Generous Donors
Affluent Americans give a big share of the money charities count on in these hard economic times, so why level a new tax penalty on those who give to help others, asks a longtime fund-raising consultant.
By Robert F. Sharpe Jr.
Contributor
Don’t Levy an Excise Tax on Charitable Giving
Americans have long prided themselves on maintaining a free and open society that encourages private initiative and a minimum of government interference in their lives. Even when individual behavior is thought by the majority to be wasteful, self-destructive, or both, we are still reluctant to make…
By Robert F. Sharpe Jr.
Contributor