Economy

House bill would lessen incentives for charitable giving

By Joseph Lawler
Published November 3, 2017 9:48pm ET
Add Washington Examiner on Google
House bill would lessen incentives for charitable giving
One major issue is that the plan would double the standard deduction to $24,000 for couples, allowing more people to deduct earnings from taxable income without having to itemize deductions. (AP Photo/Evan Vucci) | Evan Vucci

The House Republican tax bill would significantly lessen the tax incentives for charitable giving, and charities and nonprofits are worried that they could be among tax reform’s “losers.”

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.

Tag:

Congress Joseph Lawler Tax Reform