WRONG INCENTIVE?
EX-WH Spokesman: I'm Limiting Charitable Giving Due To Smaller Tax Breaks
Critics say charitable gifts shouldn't be about reducing tax bills
Next>Image: AP.
Former White House Press Secretary Ari Fleischer says he may give less to charitable since the tax breaks won't be as good.
Legislation passed by the Senate to avoid the fiscal cliff would place limits on how much wealthy people could claim in deductions for charitable contributions and other spending when they itemize their tax returns. Fleischer, press secretary in first two-and-a-half years the George W. Bush administration, doesn't like that at all.
"I increased donations to charity in 2012. This deal limits my deductions so I, & many others, will likely donate less in 2013," tweeted Fleischer (@AriFleischer).
Many on Twitter pounced on Fleischer's comments, suggesting it's not exactly in the spirit of giving. "@AriFleischer lol talk about being a complete jerk, admitting you donate for the tax deduction #NoSoul," wrote Astrid Silva (@Astrid_NV).
And Susan L Brannigan (@susanlbrannigan), who works in operations at a non-profit group in Washington, D.C., wrote: "@AriFleischer Do you really donate to charity to get deductions? That could be what's wrong with America today...."
But there's something to Fleischer's take, reports the The Chronicle of Philanthropy. The Charitable Giving Coalition recent sent a letter, signed by nearly a 30 of the nation's largest nonprofit organizations, raising concern over the limits. Fewer charitable deductions would "result in fewer contributions flowing to America's charities which are now being asked to provide even more services to the most vulnerable among us."
Politix reporting and via The Chronicle of Philanthropy.
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