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The Joint Committee on Taxation’s analysis of S.170 claims that curtailing a charitable tax deduction would result in more revenue for the federal government – but this appears to come from the proposal’s retroactivity and does not acknowledge the fact that these charitable tax deductions, according to highly credible research studies, provided positive “4 to 12 times” conservation investment returns to the American public.
See more here:
#ICYMI: Land conservation with the help of land trusts provides more than $1 billion in benefits to Texas taxpayers each year:
Donations from conservation partnerships allow environmentally-valuable land to be conserved permanently. Learn more about this vital conservation strategy:
The Joint Committee on Taxation’s analysis of S.170 claims that curtailing a charitable tax deduction would result in more revenue for the federal government – but this appears to come from the proposal’s retroactivity and does not acknowledge the fact that these charitable tax deductions, according to highly credible research studies, provided positive “4 to 12 times” conservation investment returns to the American public.
See more here:
#ICYMI: Land conservation with the help of land trusts provides more than $1 billion in benefits to Texas taxpayers each year:
Donations from conservation partnerships allow environmentally-valuable land to be conserved permanently. Learn more about this vital conservation strategy: