Do We Really Need the Charitable Deduction?

The deduction for charitable giving is one of the most popular features of the U.S. tax code. A poll commissioned in 2015 for the Philosophy Roundtable found that 79 percent of Americans thought the deduction should be protected, while just 16 percent thought it should be eliminated or capped. But how effective is the deduction in promoting truly charitable giving? Would it be so strongly supported if people…

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Ed Dolan

Ed Dolan

Economist, Senior Fellow at Niskanen Center, Yale Ph.D. Interests include environment, health care policy, social safety net, economic freedom.