Lawmakers Get Earful On Protecting Charitable Deduction

Nov 20, 2013   //   News  //  No Comments

By Paul Clolery

Two United States senators have drafted a letter to their leadership to save the charitable deduction at its current levels. The letter was unveiled today in Washington, D.C., during “Protect Giving Day.”

The bi-partisan support of Sens. John Thune (R-S.D.) and Ron Wyden (D-Ore.), both members of the Senate Finance Committee that oversees tax policy, warned in the letter that any limitations to the charitable tax deduction would have consequences. It is being circulated for additional signatures from other senators.

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