Charitable organizations are praising Trump's tax plan which retains the deduction for charitable giving, but they criticize his plan to eliminate tax laws that attract large donors.
"Nonprofit leaders gave mixed marks to the tax plan released recently by Donald Trump, a leading contender for the Republican presidential nomination.
"While they praised Mr. Trump’s plan for keeping in place the deduction for charitable giving, they warned that aspects of his proposal would discourage gift giving by wealthy donors. Mr. Trump’s plan would offset losses in revenue from lower corporate and individual tax rates by eliminating "loopholes used by the very rich."--Alex Daniels, The Chronicle of Philanthropy