Los Angeles Times

Commentary: The tax cuts will devastate charitable giving

The just-signed Tax Cuts and Jobs Act, like all income tax laws, will reward some behaviors and penalize others. Unfortunately for nonprofits, the new rules are going to discourage charitable donations.

At a time when discretionary government services are diminishing, and as deeper cuts are contemplated, the role of nonprofits in filling the holes in the social safety net is becoming more essential. Charities have been stepping up to provide emergency

You’re reading a preview, subscribe to read more.

More from Los Angeles Times

Los Angeles Times4 min readCrime & Violence
Robin Abcarian: Criminalizing Homelessness Is Unconscionable, But Is It Unconstitutional?
On Monday, the U.S. Supreme Court heard arguments about whether a small Oregon city can cite and prosecute homeless people for sleeping in public places when they have nowhere else to lay their heads. If the case reveals nothing else about the state
Los Angeles Times8 min read
Bit By A Billionaire's Dog? Or A Case Of Extortion? A Legal Saga From An LA Dog Park
LOS ANGELES -- A dog-bites-woman story usually isn't much of a story at all. But an incident in one of L.A.'s wealthiest enclaves has become something else entirely. What began in a Brentwood park on a summer day in 2022, when a dog owned by billiona
Los Angeles Times5 min read
Kevin Baxter: How Former Galaxy Player Eddie Lewis Became A Soccer Training Tech Innovator
LOS ANGELES — Eddie Lewis played his final soccer game at the age of 36, old for a midfielder but young for just about everybody else. So with more than half a lifetime ahead of him, he had plenty of time to build a new career. Yet like many former p

Related Books & Audiobooks