Correction: An earlier version of this post incorrectly stated that Jeb Bush’s tax plan would cap the charitable deduction for the rich. His plan would keep the charitable deduction and eliminate other breaks for people with high incomes.
Editor’s Note: This post has been updated with a comment from the Alliance for Charitable Reform.
If elected president, Jeb Bush would promote a tax plan that maintains deductions for charitable giving and provides other tax breaks for wealthy donors, the Republican candidate writes in a Wall Street Journal column. The article details proposed legislation Mr. Bush says would create “a much simpler, leaner, and fairer tax code” and double annual economic growth to 4 percent.
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