In a weekend column for the New York Times, Yale professor of economics and finance Robert Shiller argues that “instead of curtailing the charitable deduction, we should be aiming to make it an even bigger part of our culture.”
“. . . our nation has been defined as both self-reliant and charitable. We trust one another, and not just the government, to make important decisions and to take action. Self-reliant does not mean selfish: while it is important that we manage our personal finances responsibly, we also have a deep tradition of giving to others. Many of us believe that we have obligations to others that only we can interpret, through our own consciences.”
Read his full column here.
The Philanthropy Roundtable believes that philanthropic freedom is essential to a free society. For more on preserving the charitable deduction, visit our Philanthropic Freedom page or the Alliance for Charitable Reform website.