[Congressional Record Volume 156, Number 148 (Monday, November 15, 2010)]
[House]
[Page H7403]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TAX UNCERTAINTY COULD HURT CHARITABLE GIVING
(Mr. PAULSEN asked and was given permission to address the House for
1 minute.)
Mr. PAULSEN. Mr. Speaker, Americans donate their time and resources
to charitable organizations not only because of their generosity, but
because they know that these actions will help enhance our communities,
improve opportunities for our children, and create higher standards of
living for our neighbors.
As our economy continues to stagnate, we need to do all that we can
to help these charities who provide services for communities all over
this country.
That's why today I want to remind my colleagues that January is fast
approaching, and that means the largest tax increases in American
history are just around the corner. With the traditional season of
giving well under way, tax uncertainly is causing individual and
corporate charitable donors to think twice before opening their
wallets; and that's, in turn, worrying many charities across this
country in their greatest time of need.
Mr. Speaker, it is time that this Congress take action and address
this issue on behalf of all Americans.
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