Wednesday, April 4, 2018

The GOP Tax Bill Is Likely To Reduce ContributionsTo Elite Colleges That Serve Wealthy Students

The raising of the standard deduction will reduce or eliminate millions of Americans' tax incentives to make charitable contributions, including donations to public and nonprofit colleges. These potentially adverse effects are likely to be concentrated among the nation's wealthiest colleges.

from Forbes Real Time https://www.forbes.com/sites/amesbrown/2018/04/03/charitable-contributions-colleges-tax-reform/
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