Thursday, August 07, 2008

It's been 10 years... Don't our volunteers deserve an increase?

There was an article two days ago in the New York Times about 100 charities (including the Red Cross) asking Congress to consider increasing the tax deduction for people who use their personal vehicles to volunteer. The current rate is 14 cents per mile compared to 58.5 cents per mile for people who use their cars for business purposes.
The charitable mileage deduction was last raised a decade ago. A decade!
Shouldn't volunteers be rewarded for their time and service and receive an increased tax deduction? What do you think?
Here's the article

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