Many of us would like the chance to mourn the death of the GOP tax overhaul proposals. Will this ill-conceived package of proposals that promise to increase inequality while damaging the nonprofit sector go the way of the ACA repeal-and-replace? The answer to that question may be in the hands of a few members of the GOP themselves.
The Senate’s tax bill isn’t quite as unpalatable as the House bill, but it still spells bad news for nonprofits and the people they serve.
The House tax bill vitiates our nation’s already weak community economic development backbone, reducing access to affordable housing as well as the ability of nonprofits to support commercial development or finance infrastructure. The “savings” from the proposed cuts barely exceeds $5 billion a year—a drop in the bucket, given the bill’s overall $1.5-trillion price tag.
Is what’s good for nonprofits good for the nation?
In this op-ed, the National Council of Nonprofits shares its analysis of what is at risk for nonprofits in the current House Tax Bill. These are some of the things your board and staff should speak out about as they advocate on behalf of your institution.
As the threat/opportunity of federal tax “reform” looms, most nonprofits will likely opt out of participation in framing the real values questions in front of us. Some may use the need to remain apolitical as an excuse. But, as Patrick Lester reminds us in this article, no one is requiring that of you—in fact, doing so may be an abdication of responsibility.
Machine-readable data will make it easier to compare and contrast the financial, governance, and compensation practices of nonprofits as they report them to the IRS.
In a financial tailspin, Colonial Williamsburg makes a case for property tax relief based on its economic meaning to the town and region.
Today is Tax Day and it’s a great day for remembering that without our advocacy, fair taxation is impossible.
There has never been a more critical time for nonprofits to get involved at every level of tax policy. In this excerpt from a classic NPQ article, Kim Klein talks about the why and how.
