Old 12-30-17, 12:06 PM
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rccardr 
aka: Dr. Cannondale
 
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It will be interesting to see how the change in the tax law will affect charitable giving in general.


The new standard deduction for a married couple is so large ($24K) and so many of the larger deductions (state income tax, some mortgage interest, tax prep fees) have been eliminated or reduced, that people may just not bother...which would be a shame and a catastrophe for so many organizations that provide needed services but are funded by the general public.


Won't impact us, as our family has a long tradition of a 'giving program', but will be keeping in close contact with organizations that we support to see how they are doing.
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