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Charity Tax-Cut Bill Falls Short of House Passage

Post date: 
December 12th, 2014
Article Type: 
External News Article
Article Source: 
The Chronicle of Philanthropy

After the White House threatened to veto an $11-billion bill that would make permanent three tax breaks for charitable donations, the U.S. House of Representatives rejected the measure 275-149.  The bill would have provided tax incentives, which expired at the end of 2013, for donations of food, money from retirement accounts, and conservation easements.

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