No, tax reform will not devastate charitable giving

As the historic Republican tax reform bill is expected to pass one or both houses of Congress today, the campaign of insufferably idiotic mass hysteria peddled by the left and its allies in the media should reach its peak.  It would take a lifetime to document the litany of misinformation and outright lies being promulgated about the bill, so in the interest of not devoting my entire life to this undertaking, I'll address just one blatant untruth about the bill: the notion that it will cripple charitable giving. In case you're not in the mood to suffer through this squeamishly maudlin, intellectually vapid NBC News piece making the case, I'll summarize it for you: the provision in the tax bill that doubles the standard deduction – the portion of our income that is not subject to federal taxes – to roughly $12,000 for individuals and $24,000 for families will cause charitable contributions to dry up, soup kitchens to go out of...(Read Full Post)