HOME > NEWSROOM > ARTICLES > Key Senators Advancing “Blank Slate” Tax Overhaul

Key Senators Advancing 'Blank Slate' Tax Overhaul

The charitable tax deduction will need the expressed support of legislators to stay in a possible re-write of the tax code as leaders of the Senate’s panel overseeing tax law are taking a “blank slate” approach to comprehensive tax reform. Senate Finance Committee Chairman Max Baucus (D-MT) and Ranking Member Orrin Hatch (R-UT) recently announced this approach and called on their colleagues to give defenses for tax policies to add back into a reconstructed tax code.

Senators Baucus and Hatch wrote to their Senate colleagues, “This blank-slate is not, of course, the end product…. Indeed, we both believe that some existing tax expenditures should be preserved in some form. But the tax code is also littered with preferences for special interests.” They suggest that provisions only be retained that “(1) help grow the economy, (2) make the tax code fairer, or (3) effectively promote other important policy objectives.”

NRB continues to raise its voice on behalf of the charitable tax deduction. NRB President & CEO Dr. Frank Wright has repeatedly declared the charitable deduction to be a proven policy for nearly a century and has noted, “Many of our members are non-profit organizations that not only powerfully illuminate public needs, but directly work to help the hungry, hurting, addicted, and vulnerable in the United States and abroad.” He has asserted that any diminishment of the charitable deduction could be potentially “devastating to their efforts.”

  • Find out more about the Senate Finance Committee’s tax reform process here and its specific look at tax-exempt organizations here.      

By Aaron Mercer, Vice President of Government Relations

Published: July 12, 2013

Latest News

Congressional Leadership Updates

Last week, Members of Congress returned to Washington for the first time since the momentous mid-term elections on November 4.

Abedini Spotlighted as Iran Negotiations Continue

With nuclear negotiations between Iran and the United States approaching their November 24 deadline, Jay Sekulow, Chief Counsel of the American Center for Law and Justice (ACLJ)...

Congressman Dingell to Receive Medal of Freedom

Congressman John Dingell (D-MI), the longest serving Member of Congress in U.S. history and a former Chairman of the powerful House Energy & Commerce Committee, will be awarded the Presidential Medal of Freedom at the White House on Monday.

New STELA Bill Approved by Congress

With provisions of the Satellite Television Extension and Localism Act (STELA) set to sunset at the end of this year, the Congress this week introduced a new version of a bill to extend that law for another five years and then fast-tracked its approval.

Passes to the NRB 2015 Exposition Are Free; Register Today!

The NRB Exposition is the largest marketplace dedicated to Christian media professionals. And in case you haven’t heard yet, there is no charge for entering the Exhibit Hall at the NRB 2015 International Christian Media Convention in Nashville, TN.

Early Bird Rates for NRB15 Registration Extended to Nov. 30

Due to popular demand, the Early Bird discounted rate for the NRB 2015 International Christian Media Convention has been extended through Sunday, November 30, 2014.

NRB Against Internet Power Grab

President Barack Obama released a statement this week urging the FCC to “implement the strongest possible rules to protect net neutrality.”

North Korea Releases American Missionary

After over two years of detention, the communist regime in North Korea released Kenneth Bae, an American missionary, along with another U.S. citizen, Matthew Todd Miller.

March for Life Wants Pastors to Come to Washington

Jeanne Monahan, President of the March for Life Education and Defense Fund, has reached out to pastors nationwide inviting them to come with members of their congregations to Washington, DC, in January for the annual pro-life march.

Pew Report Shows Growing Use of Online Media by Voters

A survey released by the Pew Research Center revealed that Americans are relying more and more on mobile phones and social media for learning election news and information.

More News