New Orleans So you might ask in all of the hoopla as the USA went over the fiscal cliff, what happened to the charitable deductions that I have written about several times? Well, there were some modest changes because some ceilings were place on the value of personal exemptions and itemized deductions for high-income tax filers …
Tag: charitable deductions
Shoestring Philanthropists and Charitable Deductions
New Orleans Parade magazine is still an insert feature in my hometown paper. Last Sunday a copy was shoved my way marking a story about a “shoestring philanthropist.” I like that term. I’m a huge sucker for these stories, because while billionaires get the features in big newspapers and magazines, surveys and real analysis …
End Charitable Deductions
New Orleans Thinking about it, there’s really not much of a consistent, coherent, politically progressive position that can defend the continued existence of the charitable tax deduction for donors, both citizen and rich. I think we should all do our part to support the government and, hey, even take a shot at the debt, and …