Nonprofits and the Tax Code Overhaul

(4-14-2011) President Obama's deficit reduction strategy includes a plan to convert mortgage interest and charitable contribution deductions into limited tax credits.

Richard Rubin, writing for Bloomberg does a thorough job of capturing the complexity of the tax debate here.

And Suzanne Perry covers this issue from the perspective of the nonprofit and philanthropic communities in an article for The Chronicle of Philanthropy (subscription required).