More Evidence Obama Won’t Discourage Charity
Bloomberg’s Ryan Donmoyer digs deeper into the question of whether the administration’s plan to scale back deductability of charity donations by wealthy Americans will hurt the non-profit sector. His report today generally confirms the analysis of the Center for Budget and Policy Priorities reported here yesterday.
“„“Given the size of the change we’re talking about,” Williams College economist Jon Bakija told Donmoyer, ” it’s a modest effect.”