Will New Tax Policy Hurt Church Giving?
As Congress and President Donald Trump work to pass tax reform some are concerned that current proposals in Congress will yield a substantial decrease in charitable giving, hurting those groups who serve the most vulnerable people in society.
At issue is the blueprint in the House of Representatives which doubles the standard deduction, effectively removing a stratum of people who normally give but would no longer qualify for a charitable deduction on their taxes.
Brian Walsh, a Washington-based attorney and executive director for the Faith & Giving Coalition, believes the many on Capitol Hill are making some "faulty assumptions"
about the nature of religious giving.
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