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Charitable Giving in America

Knowledgebase
Publication Date: 
December, 2013
Source(s): 
American Enterprise Institute

America’s commitment to philanthropy is unique among nations—it is a tangible example of American exceptionalism. Total charitable giving in America reached its peak in the early 2000s, but declined sharply during the Great Recession and has yet to fully recover. American Enterprise Institute President Arthur Brooks takes a deeper look at Americans' generosity and shows how recipients of charitable donations will be impacted by changes in tax rates and proposed caps on charitable deductions.

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