What You Can Do
Please contact your Members of Congress (House / Senate) and tell them how important tax incentives for charitable giving are to your work. Share with them:
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As Congress continues to examine opportunities to reduce deficit spending, which includes discussions about revenue and tax expenditures, please keep in mind the importance of the charitable deduction and charitable giving incentives.
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Given the significant spending cuts to programs that support the work of nonprofits and the people we serve taking place at the federal, state, and local levels, we are concerned about any proposals that would also limit our ability to raise private resources to strengthen our capacity to meet the needs of our communities.
- Americans give to charitable organizations for many reasons, but studies have shown that tax policy greatly shapes the size and number of charitable donations.
- It has been estimated that, with no deduction for charitable gifts, annual giving would drop by between 25 and 36 percent, and limitations on the deduction, like the one proposed by the president, could cost charities as much as $7 billion a year in lost contributions.
- (Discuss the impact of charitable donations in supporting the work of your organization in the communities you serve.)
