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To: Tax-chick

If people pay less in taxes, then they have more disposable income. More disposable income could lead to more charitable giving, regardless of whether someone gets a tax benefit.

I give to a few charities. I take the tax deduction as allowed by law. But I would give anyway even if I didn’t itemize and get a tax deduction.

Do big numbers of people who give to charity do so only because of the tax deduction?


12 posted on 10/15/2017 1:08:16 PM PDT by Dilbert San Diego
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To: Dilbert San Diego
Do big numbers of people who give to charity do so only because of the tax deduction?

I don't know. If you don't itemize deductions (about 60% of filers), it wouldn't make any difference.

I don't limit giving only to organizations with tax-deductible status.

14 posted on 10/15/2017 2:13:35 PM PDT by Tax-chick (I know what I'm about.)
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