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Text File  |  1993-02-17  |  972b  |  23 lines
  1. REV-07 ELIMINATE OR LIMIT DEDUCTIONS FOR CHARITABLE GIVING
  2.  
  3.                                 Annual Added Revenues
  4.                                 (Billions of dollars)             Cumulative
  5. Addition to          -----------------------------------------    Five-Year
  6. CBO Baseline         1994     1995      1996     1997     1998     Addition
  7. ---------------------------------------------------------------------------
  8. Eliminate Deductions
  9. for Charitable Giving  2.4     16.3      17.7     19.0     20.1       75.4
  10.  
  11. Limit Deductions for
  12. Appreciated Property
  13. to Its Tax Basis       0.1      0.8       0.8      0.8      0.8        3.3
  14.  
  15. Limit Deductions to the
  16. Excess Over 2 Percent of
  17. Adjusted Gross Income  1.1      7.4       7.9      8.5      9.0       34.0
  18.  --------------------------------------------------------------------------
  19.  
  20. SOURCE:  Joint Committee on Taxation.
  21.  
  22. ---------------------------------------------------------------------------
  23.