Charitable Deduction | Federal

Rep. Chris Van Hollen on Limiting Itemized Deductions to 28%

CNN Out Front w/Erin Burnett

Rep. Van Hollen recently repeated his support for this 28% proposal on CNN’s Out Front with Erin Burnett.  He indicated that he expects the President’s proposal to reduced itemized deductions to remain the same as in years past.  All these signs indicate that we are looking at this proposal to be back in a few weeks when the budget is released.

Related: Charity Headed for that 28% Reduction Again