American Red Cross on the Charitable Tax Deduction

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.

About the American Red Cross:
The American Red Cross shelters, feeds and provides emotional support to victims of disasters; supplies about 40 percent of the nation's blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The Red Cross is a not-for-profit organization that depends on volunteers and the generosity of the American public to perform its mission. For more information, please visit redcross.org or visit us on Twitter at @RedCross.