House Republican Tax Committee Chairman Opposes Capping Deductions

At a June 12 event, House Ways and Means Chairman Dave Camp (R-MI) said he opposes the Obama administration's proposal to limit the value of itemized deductions for high-income taxpayers to 28 percent.

“That is probably not something I think is the direction,” he said, according to a report from Bloomberg Business Week. He said he hopes his committee will act on tax reform by the end of the year. His full remarks are here.

Camp refused to rule out curtailing the charitable deduction as part of tax reform. A Center for Effective Government analysis released earlier this year indicated that both the Obama 28 percent limit and tax reform that lowers rates would substantially reduce charitable giving.

In related news, the Senate Finance Committee released an options paper on charitable organizations on June 13. It includes options for the charitable deduction and for nonprofit advocacy.

back to Blog