Thursday, July 11, 2013

As a part of the Charitable Giving Coalition, Americans for the Arts signed a letter urging Chairman Baucus (D-MT) and Ranking Member Hatch (R-UT) to preserve the charitable tax deduction as it currently stands in light of the recently released “blank-slate” tax reform plan.  This plan proposes to jump start the tax reform overhaul by putting everything on the table and starting with a blank slate, until senators submit a detailed justification to the benefits of the special preferences they think should be added back in.