Awesome! Will you also pressure @senatemajldr to bring Universal Background check legislation to the floor? Voters are watching.
After previous disasters, Congress has changed the tax code to incentivize charitable giving.
When Congress returns next week, I plan to file a bill to eliminate the cap on charitable contributions to organizations doing disaster relief in the wake of #Dorian. #BahamaStrong
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Maybe you should have it be a tax CREDIT since most of us average folks can't itemize any more thanks to the new tax law. It's not much of an incentive when it isn't deductible because you can't itemize!!!
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Please do this for Hurricane Michael too! We need disaster tax relief to include: 1) employer retention credit, 2)charity limitation release, 3) remove limitation on personal casualty losses 4) remove 10% personal casualty income limitation
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One should be very careful who they give to for the Bahamas. They revival Puerto Rico for corruption.
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The 1% certainly wouldn't want to be charitable just because it is the right thing to do. This will do nothing to benefit the taxes of the average citizen. Once again you bow to the high value donors in all things.
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Please introduce this bill expedicuously.
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