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Payroll Tax Increase expected to suppress charitable giving

December 15, 2018

ChildFund International survey finds 1 in 5 Americans will reduce 'CP charitable donations. Legislation designed to avert the 'fiscal cliff' is likely to create another kind of precipitous drop: in charitable giving. A just-released survey by Ipsos Public Affairs on behalf of ChildFund International finds that the increase in payroll taxes will lead one in five Americans to reduce their charitable giving by an average of 29% this year.

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