Republican Tax Proposal Gets Failing Grade From Higher-Ed Groups

Republican Tax Proposal Gets Failing Grade From Higher-Ed Groups

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Mr. Flahaven said that about 30 percent of tax filers are now able to itemize their charitable gifts to reduce their tax burdens. The Republican proposal would decrease that number to just 5 percent, according to figures cited by the National Council of Nonprofits, and would cause giving to fall by as much as $13 billion annually.

Source Name: 
The Chronicle of Higher Education
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