Monday, September 26, 2011

Nonprofits Targeted: Obama Bill Cuts Deduction for Charitable Giving

By Heritage Foundation

President Obama’s Jobs Plan is Bad News for Charities

President Barack Obama released his plan to reduce the nation’s burgeoning deficit this week, outlining a number of proposals that will increase taxes and do little to reduce government spending. Also included in the president’s deficit plan and American Jobs Act is a concerning proposal that could signal bad news for charities. Read more

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