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The Conversation
Daniel Hungerman, Professor of Economics, University of Notre Dame

Trump’s tax cuts led to a $20B reduction in charitable giving within a year

President Donald Trump, Vice President Mike Pence and Republican lawmakers celebrate the passage of the Tax Cuts and Jobs Act in December 2017. Chip Somodevilla/Getty Images
CC BY-ND

Americans give about half a trillion dollars a year to charity. That money helps fund services for the homeless, fight diseases, run museums and other organizations doing worthwhile activities. Some donations, such as those supporting religious congregations, are expenditures that the U.S. government couldn’t legally make even if it wanted to.

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