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How would Sensible Tax Reform affect charities?

April 26, 2017affect Charities reform sensible tax

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How would Sensible Tax Reform affect charities?

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Charities should be very supportive of the STR tax system. Americans will be wealthier and therefore more capable of making donations. Donations will not be subject to the federal consumption tax. And, there will be unlimited charitable deductions for both ordinary income and estates.