Arts leaders traveled to Capitol Hill this fall to speak out against possible changes to the tax code that would affect charitable giving.
The lobbying effort, which was organized by the Alliance for Charitable Reform, a project by the organization Philanthropy Roundtable, focused largely on a White House plan to place new limits on the tax breaks wealthy donors receive for charitable gifts.
President Obama had proposed limiting to 28 percent the write-offs that wealthy people can get for their itemized deductions as part of his September jobs bill. Today donors in the top tax bracket get write-offs of 35 percent.
Senate Democrats rejected that idea, but it’s likely the proposal could resurface. As a result, some nonprofit leaders are stepping up their efforts to speak out against the plan.
You can see what arts leaders think about tax issues in this video.
You can also learn more about the issue by checking out the Chronicle‘s special report on the charitable deduction.