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Charities fear GOP tax overhaul will dry up donations

  • Aired: 12/21/2017
  • 05:21
  • Rating: NR
Charities are concerned that the GOP tax overhaul disincentivizes giving. By doubling the standard deduction, fewer people may end up itemizing deductions, meaning fewer would take the charitable tax break. Judy Woodruff learns more from Stacy Palmer of The Chronicle of Philanthropy about the effects and gets advice from people who want to give.
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Charities fear GOP tax overhaul will dry up donations
Charities fear GOP tax overhaul will dry up donations
Will the tax overhaul mean less money in the pockets of our charities?
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