Transportation Benefits Tax Axed From House Bill

Transportation Benefits Tax Axed From House Bill

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“Justice delayed is still justice,” said David Thompson, vice president of public policy for the National Council of Nonprofits in Washington, D.C. “We’re delighted that our elected leaders agreed to agree for a change. It’s regrettable, though, that it took so long to repeal a tax that never made sense to anyone and that forced thousands of front-line nonprofits to divert two years of attention and millions of dollars away from their missions,” he said. “That was time and money that would have been better spent helping people in local communities. Special praise goes to the thousands of nonprofits across the country who mobilized to tell Congress to fix the costly mistake.”

In a best-case scenario, Thompson said the bill would be approved by Congress and signed by President Donald J. Trump by the end of this week. He emphasized that the repeal will be retroactive so those organizations that have paid it will get the money back, though that process is not yet clear. What’s not retroactive is the expense that charities might have incurred to calculate the tax, he added.

Source Name: 
The NonProfit Times
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