State rep takes another crack at taxing nonprofits

State rep takes another crack at taxing nonprofits

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The CEO of the Massachusetts Nonprofit Network, Jim Klocke, said it would oppose the bill.

“Nonprofits are doing a lot, they’re being asked to do a lot more, and resources available to them are shrinking or on the brink of shrinking,” he said, noting that several Trump administration proposals would cut funding to the nonprofit sector and reduce incentives for charitable giving.

Nonprofits also say they provide community services that reduce the burden on government, such as caring for the disadvantaged. Their tax-exempt status preserves their revenue for charitable work, they note.

For all those reasons, Klocke said, “this is the wrong time to take money away from nonprofits.”

Source Name: 
Boston Globe

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