Objective coverage of church-state and religious liberty developments, with extensive links to primary sources.
Friday, May 19, 2017
New Study Analyzes Impact of Tax Reform Proposals On Giving To Religious Organizations
The Indiana University Lily Family School of Philanthropy yesterday released a report titled Tax Policy and Charitable Giving Results (full text). The report attempts to estimate the impact on charitable giving of the proposed 2014 Tax Reform Act. That bill is similar to the current tax reform proposals by the White House and House of Representatives. The report examines various combinations of 3 proposals-- increase in the standard deduction, decrease in the top marginal tax rate, and universal charitable deduction. It analyzes the impact of combinations of these on giving to religious congregations and giving to other charities. Religion News Service reports on the data.