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US charities fear big drop in donations from middle classes

Published Sun, Dec 24, 2017 · 09:50 PM
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Washington

MANY US charities are worried that the tax overhaul bill signed by US President Donald Trump last Friday could spur a landmark shift in philanthropy, speeding along the decline of middle-class donors and transforming charitable gift-giving into a pursuit largely left to the wealthy.

The source of concern is how the tax bill i…

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