http://www.thepowerofa.org/2009/06/charitable-giving-drops-2-in-2008/ Each day, associations create positive change in America and the world. Mon, 26 Mar 2012 13:15:40 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://www.thepowerofa.org/2009/06/charitable-giving-drops-2-in-2008/#comment-36 Arthur Bushkin Mon, 06 Jul 2009 15:43:39 +0000 http://www.thepowerofa.org/?p=690#comment-36 There is a simple way to produce billions of dollars of long-term funding for social causes. There is a way to harness the power of Capitalism for the Common Good that avoids government spending, taxes, stimuli, or bailouts. Companies can grant Social Bonuses by donating warrants to charity – something that doesn’t cost them anything to give – and get a deferred tax deduction for the value of the gift. To learn more go to: www.Stargazer.org/causes. http://www.thepowerofa.org/2009/06/charitable-giving-drops-2-in-2008/#comment-35 Abigail Mon, 15 Jun 2009 13:50:36 +0000 http://www.thepowerofa.org/?p=690#comment-35 How can we develop a decision on whether a change in a tax deduction on those making over $250,000/year will effect charitable donations, when we do not know how many people or families that represents in the total number of workers, and, when we are just lucky to have jobs that pay just over minimum wage in many of the charities/nonprofit organizations? http://www.thepowerofa.org/2009/06/charitable-giving-drops-2-in-2008/#comment-34 Paul Rihani Fri, 12 Jun 2009 15:41:27 +0000 http://www.thepowerofa.org/?p=690#comment-34 Yes, congress should absolutely reduce the charitable tax deduction for families making above $250,000. It's all part of the greater effort to pay for true health care reform. The revenue will help pay for the public option in President Obama's proposal to ensure that all Americans are covered with quality, affordable health care. The philanthropic community should keep in mind the interests of the disadvantaged and the most needy in our society. Universal health care should be a priority for those interested in serving their communities and raising our societal standard of living. Furthermore, I don't think that reducing the charitable tax deduction rate from 33% to 28% will be a deal breaker for most wealthy donors. They don't give to charities to deduct taxes, they give because they believe in the work and mission of the organization(s). It will thus NOT hurt the sector, but rather alleviate some of the long term costs associated with so many Americans historically living with inadequate or no health care.