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Deal to avoid 'fiscal cliff' could hurt charities

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Many charities are worried that a deal to avert the "fiscal cliff" could deal a blow to philanthropy if the charitable deduction disappears. Many contributors would not give without the tax deduction they receive from donating to charitable nonprofits, said the Rev. John Adams, president of So Others Might Eat. "If the charitable deduction is removed, that will be detrimental to the nonprofit...

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