Monday, January 24, 2011

Ohio.com - Charities worry fewer will donate if tax is repealed

Ohio.com - Charities worry fewer will donate if tax is repealed: "Charities also are worried.

Attorney Richard Harris, who heads the trust and estate department at the Akron-based law firm Brouse McDowell, said the elimination of the tax may affect whether people donate to charity upon their death.

Today, many people make charitable contributions because of the dollar-for-dollar tax deduction provided. But if that incentive is gone, he asked, will people reduce the amount they give to charity?"

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