The Deduction Reduction: Threat to American Giving? March 30, 2009
Washington, District of Columbia 20005
Hosted by: Hudson Institute
President Barack Obama’s 2010 budget includes a provision that many charities consider a substantial threat to American giving: a proposal to raise the top personal income tax rates, while reducing the tax benefit from itemized deductions for the top two brackets. But how serious a blow would this be to charitable activity? What does research tell us about the effects of the charitable tax reduction on giving? What about other pressures on giving in today’s difficult economic times? And is it fair that the wealthy should benefit disproportionately from the deduction?
On Monday, March 30, Hudson Institute's Bradley Center will host a panel discussion these questions and others featuring Stanford University's Rob Reich, Diana Aviv of Independent Sector, George Washington University's Joseph Cordes, and Naomi Schaefer Riley of The Wall Street Journal. The Bradley Center’s William Schambra will moderate the discussion. Lunch will be served. Please join us!
Official Website: http://www.hudson.org/index.cfm?fuseaction=hudson_upcoming_events&id=667
Added by insideronline on March 18, 2009
Comments
debrakay
give me a break! I deliver pizza for my livlyhood, The wealthy in the big big houses with at least two cars worth more than my house each, are the cheapest most ungenerous tippers to be sure !!!! The people sustaining grassroots generousity are not the top 2 BELIEVE IT!!!!