Coalition: Ending Charitable Deduction Not Just ‘Dollars-And-Cents-Story’

Sep 15, 2013   //   News  //  No Comments

By Katie Bascuas

A new study by the Tax Foundation, a nonpartisan tax research group, does not present the whole picture of the effects of eliminating the income tax deduction for charitable giving, according to the Charitable Giving Coalition.

“The story is much broader than an economic story,” said Steven Woolf, senior tax policy counsel for the Jewish Federations of North America, a member of the coalition. “It’s something that shouldn’t be reduced to 3.7 percent or 100,000 or 200,000 jobs.”

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