The Charitable Giving Coalition, a group of nearly 50 associations and nonprofits, sent a letter to President Obama urging him to not go forward with new limits caps or other proposals that would limit charitable deduction.
“We appreciate that there are significant decisions ahead to address our fiscal challenges. But, tampering with the 100-year-old charitable deduction is not a viable solution. Such a move would spell disaster for the vital programs and services of thousands of charitable organizations and the millions of Americans who rely on them each day…,” the letter reads.