A new Tax Policy and Charities project brief estimates the effects of
provisions from the Tax Reform Act of 2014 on individual charitable giving. The
provisions, released earlier this year by House Ways and Means Committee chair
Dave Camp (R-MI), could decrease individual giving by 7 to 14 percent.
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"The total impact of the Camp plan is estimated to reduce individual giving in the range of 7 to 14 percent, which corresponds to a reduction of between 17 to 35 billion dollars based on 2013 giving levels." page 2 of report |
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