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The 501c3 exemption should be eliminated. Political organizations do not perform/donate monies for charitable work at all, let alone 50+%. In point of opinion, I would erase the entire concept of charities being tax-exempt. The same applies to charitable deductions.This smells alot like what the Obama administration did to the Tea Party 5013c organizations. It was abusive and wrong then and a similar poicy from the right targeting left leaning organizations is equally wrong and abusive.
A lot of the deductibility of charitable deductions was reduced when the did the last round of tax reform. As for totally eliminating charitable deductions, that will still face some stiff opposition IMO. There are many organizations that provide valuable service outside of politics that depend on charitable contributions. St Jude Children’s Hospital for example.The 501c3 exemption should be eliminated. Political organizations do not perform/donate monies for charitable work at all, let alone 50+%. In point of opinion, I would erase the entire concept of charities being tax-exempt. The same applies to charitable deductions.