June 26, 2003
Estate-Tax Repeal Would Hurt Giving, Report Says
If the estate tax were repealed, Americans would give about $10-billion less each year to charity than they now do, according to a new report. Hardest hit, says the report: private foundations, which typically receive the greatest share of money from charitable bequests.
The report, prepared by OMB Watch, a Washington group that monitors government spending, fuses the results of several studies on charitable giving, most notably a soon-to-be-published analysis of 74 years of federal
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