+On the Treasury Department’s release of proposed rules regarding the so-called SALT workarounds, David L. Thompson, Vice President of Public Policy for the National Council of Nonprofits, said:
+David L.
+David L. Thompson, vice president of public policy for the National Council of Nonprofits, told Law360 the regulations were a good start because they do reduce some of the stress, but they are not perfect.
+“I’d say the churches have every right to be outraged,” said David L. Thompson, vice president of public policy for the National Council of Nonprofits. “It’s an oxymoron. It’s horrendously unfair.”
+The Paulsen bill demonstrates bipartisan recognition that the TCJA reduces tax incentives for charitable giving and that more incentives are needed, according to David L. Thompson of the National Council of Nonprofits.
+Others are likewise mystified by that aspect of the new provision, prompting the National Council of Nonprofits and many other groups to — so far unsuccessfully — implore the IRS for clarity or any other guidance on how to even begin calculating...
+“The Walker bill recognizes the fallacy of taxing tax-exempts for the mistaken goal of creating ‘parity’ with for-profit businesses and reiterates the point that these new taxes on nonprofit transportation and other benefits are inappropriate and...
+“The only thing that is clear about the new taxes on tax-exempt organizations is that no one understands them—not nonprofits, houses of worship, accountants, lawyers, or tax advisors,” said David L.
+McCrary said he supports tax cuts, but he thinks the government shouldn’t offset them with provisions that impact historically tax-exempt organizations. The foundation leader said he is pleased about Conaway’s bill and what could come from it.
+Churches aren’t the only groups affected by the changes, though.
