How Biden's Tax Plan May Spark More Charitable Giving

Kelley Scrocca, LLM
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President Joe Biden's plan to tax the wealthy may trigger a shift in charitable giving strategies.

 

The administration is calling for more taxes on the top 1% of households — including a hike on the highest capital gains rate to 39.6%, from 20% — to help pay for his $1.8 trillion American Families Plan. 

 

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