Hurricane Sandy dealt widespread destruction to multiple cities across the East Coast this week. The storm—cited as the largest in generations—took numerous lives and left in its wake heart-rending scenes of demolished homes and flooded city streets. In the aftermath of the devastation, many faith-based and community organizations have wasted …
Once again, President Barack Obama has proposed lowering the income tax deduction for charitable giving. In his proposed budget for fiscal year 2013, the President calls for reducing the charitable deduction rate from 35 percent to 28 percent for those in the top tax bracket (individuals making $200,000 or more …
