In anticipation of the Joint
Select Committee on Deficit Reduction's November 23 deadline for issuing
deficit reduction recommendations, the Senate Finance Committee held a
hearing October 18 to examine "Tax Reform Options for Charitable
Giving." Click here to read the transcript of the hearing.
IS President and CEO Diana Aviv submitted a statement for the record outlining the economic impact of nonprofit organizations, the incentive effect of the deduction, and urging the Finance Committee to reject proposals that would decrease giving.
View more statements and resources from the Finance Committee hearing:
- Statement of Finance Committee Chairman Max Baucus (D-MT)
- Statement of Finance Committee ranking member Orrin Hatch (R-UT)
- Statement of Sen. Charles Grassley (R-IA)
- Witness Testimony of Brian Gallagher, United Way Worldwide
- Witness Testimony of Frank Sammartino, CBO
- Witness Testimony of Elder Dallin Oaks, Church of Jesus Christ of Latter Day Saints
- Witness Testimony of Eugene Steuerle, Urban Institute
- Witness Testimony of Roger Colinvaux, Catholic University, Columbus School of Law
