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November 13, 2023
How The IRS Discourages Boomer Charity
Americans like to call ourselves the most generous nation on earth — but charitable giving is on the decline. In 2022, it fell 3.4% (10.5% when adjusted for inflation) to fall under $500 billion. It was only the fourth such decline in 40 years. What’s more, individual giving — distinguished from that of foundations and corporations…