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Tax-Deduction Proposal Would Cause Giving to Drop by 1.3%, Study Finds

March 2, 2009, 01:51 PM ET

Congressman Makes Push to Oppose Deduction Plan

Rep. Roy Blunt said he plans to lead an effort to oppose President Obama’s plan to limit the amount of money wealthy donors can deduct from their federal taxes for charitable contributions.

Mr. Blunt, a Missouri Republican, said he is calling on House Speaker Nancy Pelosi, a Democrat, to engage in a bipartisan effort against the proposal.

“This is a tax increase and it’s being levied at a time when contributions are sorely needed but at an all-time low,” Mr. Blunt said in a letter to Ms. Pelosi. “I am puzzled why this President — who has frequently called upon Americans to take responsibility for building their communities and institutions — would hinder many Americans from continuing to contribute voluntarily to our nation’s charitable organizations.”

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