ON-Lion Letter
In mid-July, 25 major New York and national nonprofit organizations, including the Philanthropy Roundtable, signed onto a memorandum of opposition to New York Gov. David Paterson's and some state legislators' proposal to limit the tax-deductibility of charitable contributions in an effort to raise state revenue there.

"While on the surface this may seem like an attractive idea to raise revenue," according to the memo, "the reality is it is exactly the wrong approach.  The tax penalty in this case is not being felt so much by the wealthy taxpayer, but by the charities that are the beneficiaries of his or her philanthropy."

In late June, Philanthropy Roundtable president Adam Meyerson sent a letter to Paterson about the proposal.  "The Philanthropy Roundtable believes that this proposal would significantly limit the amount of charitable dollars available to worthy New York charities and set a dangerous precedent for other states and the federal government," Meyerson wrote.

"[W]e need to be doing everything in our power to encourage -- not discourage -- Americans to be charitable," he added.

The Roundtable also sent a letter opposing the proposal to New York state Sens. John Sampson, Carl Kruger, and Liz Krueger, Assemblymen Sheldon Silver, Dennis Farrell, Ronald Canestrari, and Jonathan Bing, and key legislative staff.

The Lynde and Harry Bradley Foundation in Milwaukee substantially supports the Philanthropy Roundtable, which is based in Washington, D.C.
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