Nonprofit Leaders Urge Obama and Romney to Protect Tax Break

Leaders of big nationwide nonprofits sent letters to President Barack Obama and Mitt Romney on Thursday urging the presidential candidates to reconsider their proposals to cut the charitable tax deduction. (See the letter to Obama and the one to Romney.)

The leaders also announced that they have scheduled a gathering Dec. 4-5 to bring hundreds of members to Washington, D.C., to tell members of Congress that any tax changes that led to decline in private giving would devastate nonprofits and the people they serve.