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President%20Barack%20Obama<%2Fa>%20this%20weekend%20in%20advance%20of%20Tuesday’s%20State%20of%20the%20Union%20speech,%20would%20spur%20more%20charitable%20giving%20in%20the%20form%20of%20bequests%20and%20charitable%20trusts,%20according%20to%20some%20nonprofit%20tax%20experts.%20An%20estate-tax%20increase%20would%20provide%20a%20huge%20benefit%20to%20charities%20because%20donations%20to%20these%20groups%20would%20become%20the%20only%20easy%20way%20to%20legally%20avoid%20capital-gains%20taxes,%20according%20to%20Len%20Burman,%20director%20of%20the%20Tax%20Policy%20Center<%2Fa>.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Faggregatedcontent%2Fnonprofits-find-much-like-obama-tax-plan%2F" target="_blank" class="email" data-post-id="16587" type="icon_link">
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A higher estate tax, as envisioned in a proposal released by President Barack Obama this weekend in advance of Tuesday’s State of the Union speech, would spur more charitable giving in the form of bequests and charitable trusts, according to some nonprofit tax experts. An estate-tax increase would provide a huge benefit to charities because donations to these groups would become the only easy way to legally avoid capital-gains taxes, according to Len Burman, director of the Tax Policy Center.
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