Charities could be big losers under tax reform. One NC rep is trying to fix that.

Charities could be big losers under tax reform. One NC rep is trying to fix that.

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“The universal deduction is really an essential part of tax reform,” said David Heinen, the vice president for public policy and advocacy for the North Carolina Center for Nonprofits.

The bill, Walker’s office said, fits with a conservative view, limiting the size and scope of government and allowing people to give money to support programs in their community rather than giving it to the federal government to distribute.

Though nonprofits would prefer that Walker’s bill not include a cap on deductions, they are happy that he has raised the issue in Congress and they support the effort.

Source Name: 
The News & Observer
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