WASHINGTON, February 14, 2013 — The American Red Cross is very concerned about proposals that could jeopardize the charitable contributions that are so
important to non-profits and the people we serve.
The nation depends on the American Red Cross to be there when disaster strikes. If changes to the charitable tax deduction reduce our donations from the public, the effect will be felt most by those who turn to us for shelter, food and comfort in their darkest hours.
Any tax law changes that would cap or limit the charitable deduction would hurt these individuals and families by altering an important incentive for Americans to give to their neighbors in need.
It is wrong to treat the charitable deduction as a loophole or a special interest tax break when it should be cherished as part of the fabric of our country and who we are as Americans.
We urge our elected leaders to preserve the current charitable tax deduction and encourage more Americans to support the charity of their choice.
Click HERE to see testimony submitted by the American Red Cross on the charitable tax deduction to the U.S. House of Representatives Committee on Ways and Means.