Posts Tagged: budget reduction

Supercommittee Deliberations Focus on Deductions

Posted on by & filed under Public Policy.

This Washington Post article yesterday opens with: “A GOP plan to raise taxes by $290 billion over the next decade would limit deductions for mortgage interest, charitable donations and state and local taxes as part of a deficit-reduction deal.” Yesterday’s Chronicle of Philanthropy reports that the charitable giving incentive remains at risk before the Supercommittee… read more