February 17, 2005
Congressional Unit, White House Seek to Curb Abuses of Charity Tax Breaks
Scrutiny of nonprofit organizations continues to escalate, as President Bush and a powerful Congressional committee urged lawmakers to take action on what they identified as dozens of abuses involving charities and foundations.
While the $2.6-trillion budget President Bush submitted to Congress last week includes a package of tax incentives to help spur charitable giving, the plan also calls for imposing taxes on people or companies
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