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Looking ahead to 2013, the picture is expected to be dramatically less rosy. The Atlas of Giving 2013 giving forecast calls for only modest growth of 1.6 percent, one of the slowest growth rates in 50 years. Expected declines in stock market returns, coupled with a 2 percent across the board hike in the payroll tax will hamper growth. n elimination or reduction of the charitable deduction would most certainly have an even greater negative impact on giving.
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