Debate over charitable deductions, cont'd

Debate over charitable deductions, cont'd

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The poor score for the temporary above-the-line deduction fueled criticism that the provision not only won’t do much to boost philanthropy, but it also will be difficult to enforce.

Charity advocates make the case that the way to make the incentive better is to make it bigger. Rick Cohen of the National Council of Nonprofits added that every little bit matters for smaller nonprofits these days, especially after many got shut out from the Paycheck Protection Program for small businesses. “These nonprofits need every donated dollar they can get. On the grand scale, it may not seem like a lot, but just a couple hundred dollars can mean everything to a nonprofit and the people who rely on it,” Cohen said.

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Politico
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