Fix the Tax Code Friday: Charitable Deductions
It’s Fix the Tax Code Friday!
Traditionally, charitable deductions have been limited to itemizers (meaning those who opt to take the itemized deduction rather than rely on the standard deduction). From time to time, Congress has considered extending the deduction to non-itemizers as a credit.
This week’s question:
If Congress did extend the deduction to non-itemizers, should there be a limit on the amount of deduction available? If so, how much? $100? $500? $1000?
Tags: charitable-donation, deductionRelated Stories
POSTED IN: charitable organizations, fix the tax code friday, individual
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