I have never mentioned politics on this blog, but here in the US, this is a biggie. And I am talking about fair value tax deductions for donations of art. The way the law currently stands, every time you donate a piece of your art, all you can deduct is the cost of materials. So, for my current 12x12 donation to Art St. Louis (retail value of $195), I can only deduct the cost of my canvas or about $15. Fair? I think not. There is a bill up in the Senate to finally change this so we could deduct the fair value. Mind you I am not a tax expert (lol, just the thought of that humors me), but I have checked this out and talked with my financial wiz hubby and I think I am explaining it right.
So, if you would like to see the law changed, click on the link below. This will take you to a box where you can enter your zip code and an email will be sent to the Congressmen/women for your state. It's pretty easy. And wayyyyy worthy especially if you ever donate your artwork as so many of us do. Here's the link:
Artist Deduction Bill
All you need to do is enter your zip code in the little box and then fill out a quick form. It will be emailed to the Senators from your state.