Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | Facebook | Twitter | All Access E-Edition | Home RSS
What's your opinion? We value your opinion and encourage you to share it with our readers by writing a Letter to the Editor. Submit your letter online with our Virtual Newsroom.


Don’t eliminate the charitable deduction

July 14, 2013
By JUDY SJOSTEDT - Parkersburg Area Community Foundation , Parkersburg News and Sentinel

As federal lawmakers head into an intense period of debate about the budget deficit and tax reform, they are seriously considering removing/reducing the provision allowing taxpayers who itemize to deduct their gifts to charity. More than 13 percent of all West Virginia taxpayers use this deduction to support worthy causes; their gifts in 2010 exceeded $467 million. And, donors at all income levels itemize charitable deductions - nearly 70 percent of the state's taxpayers using the charitable deduction represent middle- to low-income households.



I am looking for:
News, Blogs & Events Web