2017
November
14
Tuesday

Monitor Daily Podcast

November 14, 2017
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Back from Asia, President Trump is focused on getting Republican tax reform passed. But one of the proposed changes raises this question: Should we get financial incentives to be compassionate?

You may say, but wait, the House and Senate tax proposals have no changes in charitable deductions. So, religious institutions and nonprofits (like the one that brings you this publication) won’t be hurt, right?

Actually, no. This is a little complicated, so hang in there for a moment. The standard US tax deduction would rise from $12,700 to $24,000 for married couples. That means, far fewer people will itemize their deductions. So, less paper-chase work, a bigger deduction, and a simpler tax code. What’s not to like?

But if only 5 percent of Americans itemize (down from 30 percent now), that likely means far less charitable giving.

By one estimate, donations could drop as much as $13 billion annually. That’s less money for colleges, veterans and arts groups, disaster relief agencies, churches, and community nonprofits serving the nation’s neediest.

That’s why Republican Mark Walker of North Carolina has introduced a House bill to restore the incentive for compassion: a charitable deduction for taxpayers who don’t itemize. We’ll be watching how this plays out.

Among our five stories today, we see the qualities of justice, courage, and inclusiveness at work in the world.


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Today’s stories

And why we wrote them

Briefing: Temporary Protected Status

Scott Peterson/The Christian Science Monitor/Getty Images
A young participant stands at a tea stop. Perhaps the largest annual religious event in the world, the weeklong march to Karbala, Iraq, attracts an estimated 13.8 million Shiites from Iraq, Iran, Afghanistan, and elsewhere.

Climate change: the science, the contributors, the milestones

Karen Norris, Eoin O'Carroll, and Jacob Turcotte/Staff
Stefano Rellandini/Reuters
A man walks with dogs in a street in downtown Bologna, Italy. The place of pets in the family hierarchy is on Italian minds after a university employee was granted a paid sick day by her employer to care for her English setter earlier this fall.

The Monitor's View

Reuters
Holding a book about Lenin, Venezuela's President Nicolas Maduro attends his weekly broadcast "Los Domingos con Maduro" (The Sundays with Maduro) in Caracas, Venezuela, Nov 12.

A Christian Science Perspective

About this feature

A message of love

Josh Reynolds/Ocean Spray/AP
Ocean Spray celebrates the final cranberry harvest of the season with a 720-square-foot cranberry bog display at the Prudential Center Plaza in Boston Nov. 14. Cranberries, the commonwealth’s top food crop, have been cultivated commercially for more than 200 years.
( The illustrations in today’s Monitor Daily are by Jacob Turcotte. )

A look ahead

Thanks for joining us today. Come back tomorrow: We’re working on a story about the conservative principles driving the different House and Senate tax reform proposals.   

More issues

2017
November
14
Tuesday
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