Watch CBS News

Charities worry new tax law could decrease contributions

Republican leaders say the new tax code will save millions of Americans money, but it could cause problems for charities. Nonprofits received about $390 billion in donations last year. But by some estimates, the new law could result in a drop of about $20 billion in donations a year. Jan Crawford reports.
View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.