Friday, February 24, 2012

William Daroff: Now Is Not the Time to Discourage Charitable Giving

William Daroff: Now Is Not the Time to Discourage Charitable Giving: I was hopeful that the new White House budget released last week would be more friendly to charities and charitable tax deductions than the proposed budgets in past years. Yet I was once again disappointed. Fortunately, thanks to the overwhelming number of Members of Congress from both parties who understand the critical importance the tax code plays in incentivizing charitable contributions, it is unlikely that the proposal will become law.

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