Call to action!

Mike Adams brought to my attention the fact that there is  a chance that artists might finally get better treatment under the law for the value of their donated works. Presently an artist who donates a work to a charity (people constantly ask artists to give their work away) only gets the value of the materials as a tax write-off. We don’t get to write off the fair market value of the work. 

A collector who has purchased a work can give the same work to a charity and get the correct fair-market value, so why can’t artists?

On March 13, 2007, H.R. 1524 – The Artist-Museum Partnership Act was referred to the House Ways and Means Committee. Please urge your congressperson to co-sponsor H.R.1524, which would allow artists to take a fair-market value deduction for works given to and retained by nonprofit institutions.

Please visit the Americans for the Arts Website and fill in the email form to send a message to congress to fix this. It will take a minute of your time and it really matters to us. Help to fix a clearly unfair situation – we NEED those write-offs. 

About pearce

Michael Pearce is an artist, writer, and professor of art. He is the author of "Art in the Age of Emergence."
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1 Response to Call to action!

  1. I am definitely going to steal this and post it everywhere.

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