Car donations to charities may run out of gas

Car donations to charities may run out of gas: "Car donations to charities may run out of gas
Robert Franklin, Star Tribune
October 26, 2004 CARS1026
An estimated 733,000 U.S. taxpayers donated their cars to charity in one recent year, providing a windfall of millions of dollars to charities that serve the poor, help the disabled and train the disadvantaged for jobs.
But the donations may go off a cliff under the big tax and jobs bill signed Friday by President Bush.
Federal officials complained that donors inflated the value of the cars in claiming them as income tax deductions that added up to perhaps $2 billion a year, costing the U.S. Treasury hundreds of millions of dollars."