March 12, 2009
A Taxing Proposition
Nonprofit leaders come out divided on President Obama's plans
When President Obama outlined a plan last month to "transform our economy for the 21st century," he dropped a bombshell that surprised the charitable world.
To help pay for a plan to reshape the country's health-care system — which he called a huge drag on the economy — President Obama proposed limiting the federal tax breaks that wealthy people can get for their itemized deductions, including donations to charity, starting in 2011.
To many nonprofit
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