Nonprofits Fear Sting of Tax Reform

Nonprofits Fear Sting of Tax Reform

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Lobbyists and Capitol Hill staffers have privately said for weeks that a full-fledged tax revamp is unlikely, indicating that lawmakers may end up settling for a mix of temporary rate cuts and permanent provisions. But nonprofit experts told Bloomberg BNA they can’t afford to wait and see what happens, because the potential effects of existing proposals are too great.

“We continue to remain very concerned about a lot of the proposals we’ve seen on the table and don’t want to take anything for granted and assume it’s not going to happen,” said Nancy Berlin, policy director at the California Association of Nonprofits, which includes nearly 10,000 organizations.
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Bloomberg BNA
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