Elder Dallin H. Oaks will testify at a Senate Finance Committee hearing Tuesday about how key proposals to change the federal tax code could affect non-profits.
Elder Oaks of the Quorum of the Twelve Apostles of The Church of Jesus Christ of Latter-day Saints will testify alongside Brian Gallagher, president of United Way Worldwide, and other government and academic experts.
During his presidency, President Barack Obama has suggested limiting tax breaks for charitable giving six times. The hearing is to discuss potential consequences of cutting back deductions for charitable giving, said Matthew Karakai, press secretary for U.S. Senator Orrin Hatch, R-Utah, who helped to put together the lineup of speakers for the hearing.
Hatch asked Elder Oaks to speak because of the LDS Church's long history of helping the less fortunate, Karakai said.
"There's been a lot of talk about closing loop holes," Karakai said. "As tax reform goes through, we want to make sure we're not doing anything to stand in the way of folks who wish to give."
The hearing, which will take place Tuesday at 10 a.m. Eastern time, will be finance.senate.gov/hearings/ broadcast online.
- Video: How to choose the right helmet for...
- ACLU sues the state over inadequate legal...
- Body of missing hiker found above Alta
- Documents: Former teacher says he used to...
- Nearly 70 percent of Utahns say Donald Trump...
- Costco begins new credit card agreement
- Worthy of celebration: 99-year history of...
- Syracuse woman killed in Antelope Drive crash
- Immigration ruling called hurtful, a... 75
- Nearly 70 percent of Utahns say Donald... 62
- Love won't go to GOP national convention 32
- Arches Health Plan shutdown leaves $33... 30
- U. stadium gets bigger scoreboard,... 29
- ACLU sues the state over inadequate... 26
- Utah GOP brings up father's bank... 25
- Rio Grande neighborhood 'more unsafe... 21