Dan Kelly Donations Quotations

The impact if this did become law will be felt nationwide. First it will help generate more donations to the relief effort, ... It will give all taxpayers who take the standard deduction a break for their donations. Finally, it will reduce the burden on the government to fund the relief efforts.

After itemizing a taxpayer compares their itemized deductions to the standard deduction and takes whichever is higher. Seventy percent of the taxpayers take the standard deduction, meaning only 30 percent really receive a tax break for their donations, ... My plan offers a deduction for hurricane relief donations in addition to the standard deduction.