Reader Participation Day: Would You Stop Donating To the Parks If You Lost the Tax Deduction?
Would you still contribute to charitable organizations such as the National Park Foundation and park friends groups if you couldn't deduct the donation on your income taxes?
In light of all the horse trading going in Washington to reduce the federal deficit, there's been renewed talk about revising the tax code to eliminate loopholes and what you can and can't deduct on your taxes.
Of course, this matters only to those folks who itemize their deductions come tax time.
Nevertheless, if the deduction for donating to charitable organizations disappears, would you still donate to groups such as Friends of Acadia, the Yellowstone Park Foundation, the Grand Teton Park Foundation, the National Parks Conservation Association, and the North Cascades Institute?