Currently, billions of dollars in charitable donations are not making it into the hands of local charities. Simple changes to our antiquated tax laws would get this money flowing where it can do the most good for those most in need.
It’s simple – if a taxpayer claims a tax deduction for charitable giving, those resources should get to a working charity in a reasonable period of time. No more getting preferential tax treatment to shelter money in funds or investments – the donors must put that money to work. It’s time to ensure this money gets put to good use in our communities – NOW.