Washington (Feb. 4, 2003) -- Sen. Chuck Grassley, chairman of the Committee on Finance, re-introduced legislation establishing a series of tax breaks to encourage Americans to donate to charities. The legislation also includes Grassley's "sunshine" provisions to promote greater accountability from charities to their donors.
"Charities have a lot of needs, and many Americans have a lot to give," Grassley said. "It makes perfect sense to make sure the tax code eases the flow of generosity from taxpayers to worthy causes. Those causes are infinite. Tax policy should reflect that."
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