Update – Charitable Deduction Debate:

The Sides Are Clear, But Are We Prioritizing Giving Incentives Correctly?

As we reported yesterday on this site, the Senate Finance Committee held a hearing on Tuesday concerning an Administration proposal to trim back a portion of the federal tax deduction applicable to high-dollar donors who itemize. And to no ones surprise the hearing was quite animated in how it produced divergent opinions on the matter. …

The Sides Are Clear, But Are We Prioritizing Giving Incentives Correctly?”