AFP Opposes Capping Itemized Deductions, Including Charitable, to Pay for President’s Jobs Bill - Press - AFP

AFP Opposes Capping Itemized Deductions, Including Charitable, to Pay for President’s Jobs Bill - Press - AFP: AFP Opposes Capping Itemized Deductions, Including Charitable, to Pay for President’s Jobs Bill

(Sept. 20, 2011) AFP learned early last week that the President intended to pay for his jobs bill by capping itemized deductions, including charitable deductions for high income taxpayers. AFP is chairing a coalition of groups to oppose any caps that would negatively affect charities.

The Chronicle of Philanthropy summarized the situation in this article.