Don’t Let Congress Restrict Charitable Deductions

By Richard Land
Nov 28, 2012

On January 1, 2013, our nation may fall off the fiscal cliff. This means that automatic cuts, known as sequestration, could dramatically reduce the defense budget as well as other federal programs if nothing is done. Additionally, the Bush tax cuts are scheduled to simultaneously expire. The resulting financial “double-whammy” could end our nation’s extremely fragile and anemic economic recovery.

What is part of Washington’s solution? Reduce charitable deductions! This is a bad idea. Deductions for donations to charity incentivizes giving to others and certainly raises more money for charitable institutions (religious and non-religious) than would otherwise be generated. A recent study revealed that one third of donors would give less if the tax deductibility of charitable giving were to be eliminated.

At a time of severe economic dislocation, when the people’s demand for the services of charitable institutions is particularly high, it would be extremely counterproductive and illogical to implement tax policies which would result in crippling cuts to the budgets of charitable institutions, rendering them far less able to help the most vulnerable in society.

The proposal to further cap charitable deductions in the federal tax code is a threat aimed like a dagger at the heart of America’s charitable nonprofit entities, secular and religious. It will weaken most, kill many, and harm all.

Your assistance is needed now more than ever. Please call your Congressman and Senators and urge them to oppose any measure that would place additional restrictions on charitable deductions. You can contact them through the Capitol Switchboard at (202) 224-3121 or send them an email here.

Thank you for working to protect the charitable tax deduction. Your efforts are extraordinarily important in advancing the good work of America’s churches and other charitable institutions.

In His Service,

Dr. Richard Land
The Ethics & Religious Liberty Commission
Southern Baptist Convention

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