The opportunity is now for a universal charitable deduction! Ask your Senators for an amendment that supports nonprofits.
For 100 years, federal tax policy has incentivized the giving spirit and empowered our crucial work. But under the current overhaul plan, nonprofits and the work we do will take a hit. Simplifying the tax code is an admirable goal, and we can achieve a better outlook for nonprofits with a few simple amendments.
At Savannah Riverkeeper, we rely on the generosity of our members—hardworking folks and families like you—to support our efforts to protect the Savannah River every day. According to Republican estimates, nearly doubling the standard deduction would place the charitable deduction out of reach for 95% of Americans.
A decrease in giving of this scale would force charitable nonprofits, just like us, to make significant cuts to keep our doors open. Economists estimate a loss of more than 200,000 jobs in the nonprofit sector as a result. A bill that is designed to create jobs shouldn’t threaten the livelihoods of almost a quarter million Americans working to serve their communities.
The tax reform plans in current form will harm nonprofit organizations, the people they employ and most importantly, those who rely on their services. When charities are able to do their good work efficiently, it takes the burden off of government. Please call your U.S. Senators and ask them to speak up STRONGLY for nonprofits on the Senate floor:
David Perdue by phone (202) 224-3521, email, or Twitter @PerdueSenate
Johnny Isakson by phone (202) 224-3643, email, or Twitter @SenatorIsakson
Tim Scott by phone (202) 224-6121, email, or Twitter @SenatorTimScott
Lindsey Graham by phone (202) 224-5972, email, or Twitter @LindseyGrahamSC