Thursday, November 14
11:30 am – 12:00 pm
Understanding the Effects of Tax Policy on Charitable Giving
The 2017 Tax Cuts and Jobs Act (TCJA) has now been in effect for over a year. After the passage of TCJA, researchers projected the policy could significantly reduce charitable giving, which led to concerns among nonprofit leaders. Recently, there have been proposals in Congress aimed at changing specific pieces of TCJA, many of which could curb or negate the potential negative effects of TCJA on giving, specifically among low- and middle-income donors. Join us for a glimpse into how the policy changes affected charitable giving and what new proposals could curtail the potential negative effects of TCJA on giving.