February 20, 2011
Nonprofits Prepare for Debate Over Proposed Change to Tax Incentives for Charitable Gifts
For the third-straight year, President Obama has outlined a plan to reduce the value of charitable deductions for the wealthy. Could the third time be a charm?
Nonprofit experts say the proposal, unveiled in the president’s 2012 budget last week, faces long odds, but it could gain momentum if Congress decides to take aim at other vulnerable deductions, including one for mortgage interest.
“For this proposal to have legs, it will have to be coupled with the broader
This content is only for subscribers. You can gain access by purchasing a:
Print Subscription
Digital Subscription
Already have an account? Log In Now.
Get more great stories about the nonprofit world delivered to your inbox every weekday. 
