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PBS News Hour

Charities fear GOP tax overhaul will dry up donations

Season 2017 Episode 1273 | 5m 21s

Charities are concerned that the GOP tax overhaul disincentivizes giving. By doubling the standard deduction, fewer people may end up itemizing deductions, meaning fewer would take the charitable tax break. Judy Woodruff learns more from Stacy Palmer of The Chronicle of Philanthropy about the effects and gets advice from people who want to give.

Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer Cellular and Cunard Cruise Line. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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