June 6, 2013

Federal Issues: The Charitable Deduction

The House Ways and Means Committee has had 11 Working groups that have been meeting on various topics and putting together policy options looking ahead to tax reform efforts. We are continuing to monitor a possible threat to the charitable deduction.

The Alliance for Charitable Reform, has circulated a letter supporting the charitable deduction, which has been signed by more than 229 economists. The letter states that the charitable deduction is one of the least “selfish” deductions (as compared to others like the mortgage deduction). The letter ran in Politico in late April.

Author: Connecticut Arts Alliance

The Connecticut Arts Alliance (CAA) was founded in 2005 as an advocacy organization to ensure that the arts remain central to life in Connecticut. The organization strives to promote and underscore the value of all achievements of the arts industry and all of the ways in which the arts improve daily life for residents of the State. Among its most visible programs are assisting with workshops for the annual Connecticut Arts Day at the Capitol organized by the Connecticut Office of the Arts, and providing advocacy guidance and resources in concert with the Office of the Arts and regional arts service organizations. The organization works to foster public education and awareness of the arts, to increase funding for the arts, and to influence public funding decisions and actions that affect the arts.