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Two Councils Say: Vote House Bill Down, Start Over

Thursday, November 30, 2017   (0 Comments)
Posted by: Andrea Guidi
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National Council of Nonprofits

 

Two Councils Say: Vote House Bill Down, Start Over
The National Council of Nonprofit and the Council on Foundations today issued a joint statement declaring the House tax reform bill fatally flawed and calling for its defeat when the House of Representatives votes later this week. The two organizations, which together represent tens of thousands of charitable nonprofit and philanthropic organizations, object to numerous provisions in the bill that, if enacted, would make it much harder for charitable nonprofits and foundations to serve their communities. The statement highlights the doubling of the standard deduction and adverse unintended consequence in severely reducing charitable giving to work in communities. Next, the two organizations express fervent opposition to a provision in the bill, Section 5201, that would politicize the 501(c)(3) community by weakening the decades-old Johnson Amendment. Going further, Tim Delaney of the Council on Nonprofits stated, “Cutting taxes to the point of an additional $1.5 trillion shortfall simply doesn’t make sense when the needs in our communities are so great. The massive spending cuts at all levels of government will impose enormous – and unrealistic – pressures on charitable nonprofits and foundations to fill the growing gaps.” The statement concludes: “The House needs to vote down this bill and start over. We hope the Senate will do better.”

 

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Updated in 2015 with a generous grant from Shire, Inc. 

 

This website was updated in 2015 with a generous grant from Shire, Inc. This website is an educational resource. It is not intended to provide medical advice or recommend a course of treatment. You should discuss all issues, ideas, suggestions, etc. with your clinician prior to use. Clinicians in a relevant field have reviewed the medical information; however, the Oley Foundation does not guarantee the accuracy of the information presented, and is not liable if information is incorrect or incomplete. If you have questions please contact Oley staff.
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