Charities fight possible changes on tax deductions

[SheilaT]

2. It is my understanding that our current

system of charities and non-profits in this country exist in good part because of the charitable tax deduction. I have occasionally read stuff that says if rich people couldn't deduct various donations, they might not give any money at all.

I can only speak for myself when I say I give to various charities because I want to support certain specific causes. I don't give enough to need receipts, and I actually probably give more than I can deduct when I itemize without specific receipts.

I am inclined to think our current system may be a good one and should be left in place, although I certainly am no expert on this topic.