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President%20Barack%20Obama<%2Fa>%20won't%20support%20an%20annual%20limit%20on%20deductions,%20including%20those%20for%20charitable%20giving,%20as%20the%20White%20House%20issued%20an%20estimate<%2Fa>%20that%20such%20a%20break%20would%20cost%20charities%20at%20least%20$10%20billion%20a%20year.%20That%20will%20come%20as%20a%20relief%20to%20nonprofit%20leaders%20who%20say<%2Fa> such%20limits%20are%20essentially%20the%20same%20as%20ending%20charitable%20deductions.%0D%0A%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Faggregatedcontent%2Fcharities-would-lose-10-billion-under-tax-cap-white-house-says%2F" target="_blank" class="email" data-post-id="15300" type="icon_link">
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President Barack Obama won't support an annual limit on deductions, including those for charitable giving, as the White House issued an estimate that such a break would cost charities at least $10 billion a year. That will come as a relief to nonprofit leaders who say such limits are essentially the same as ending charitable deductions.
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