Bill Could Give Tax Breaks for Some Political Contributions
https://www.wsj.com/livecoverage/tax-bill-2017/card/1509991637
The House bill relaxes rules on religious groups’ political activity, a change that amounts to a $2.1 billion tax cut over a decade.
That effect occurs because people would shift what are now nondeductible political contributions into religious groups, where they can claim a charitable deduction, said Tom Barthold, chief of staff of the Joint Committee on Taxation...
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