President Obama’s fiscal year 2011 budget proposal includes changes to the tax deduction high income households can take for charitable contributions.
In 2009, the Center on Philanthropy looked at the possible impact of the same changes proposed for fiscal year 2010.
Read the February 2009 press release.
The Center's white paper How Changes in Tax Rates Might Affect Itemized Charitable Deductions, published March 2009, provides estimates that can again provide helpful analysis, commentary, and context to the nonprofit sector and policymakers.
Other important information about the President’s budget proposal and its implications, published by INDEPENDENT SECTOR, can be found here.
Also, the Center on Budget and Policy Priorities has published an analysis by the Urban Institute-Brookings Institution joint venture The Tax Policy Center that provides a different look at the federal budget budget proposals. While it utilizes a different methodology and somewhat different dataset than the Center does, the Tax Policy Center analysis is another helpful indicator of the implications for charitable giving.
For more information about this or other Center research, please contact Una Osili, director of research, at .
