charitable giving

Congress Must Redesign the Charitable Deduction: How to Do It Well

In 2017 and again in 2020, Congress made deficient—but temporary—changes to the federal income tax deduction for charitable giving. By significantly increasing the standard deduction,...

: TaxVox

The CARES Act Charitable Deduction For Non-Itemizers Was A Lost Opportunity To Help Beneficiaries Of Non-Profits

According to the Joint Committee on Taxation, Congress spent about $1.5 billion in the Coronavirus Aid, Relief, and Economic Security (CARES) Act to create a...

May 19, 2020C. Eugene Steuerle

Individual Taxes: TaxVox

Charitable Giving Appears To Have Fallen In 2018, Despite Treasury Claims

On March 3, the Treasury Department put out a press release saying that 2018’s charitable giving “appeared largely unchanged from previous years,” despite a “concern...

March 6, 2020C. Eugene Steuerle

Individual Taxes: TaxVox

Are Tax Breaks For Non-Profits And Their Donors Worth Saving?

The special tax treatment Congress has granted to non-profits and tax deduction it gives their donors are broken. So broken, in fact, that it is...

February 20, 2020Howard Gleckman

Individual Taxes: TaxVox

A Wealth Tax Will Encourage More Spending By The Rich—And Maybe More Political Donations

Whatever else they do, the wealth taxes proposed by senators and Democratic presidential hopefuls Elizabeth Warren (D-MA) and Bernie Sanders (I-VT) will encourage the very...

October 31, 2019Howard Gleckman

: TaxVox

Can One Think Charitably About The Bryce Harper Deal?

As a long-time baseball fan, I’m happy that my office moved closer to the Washington Nationals ballpark, where I expect to take in more games...

April 29, 2019C. Eugene Steuerle

: TaxVox

TPC Is Improving Its Modeling Of Five Tax Expenditures

In a new initiative, the Tax Policy Center is improving its modeling of five key tax expenditures: the tax treatment of pass-through entities, charitable giving,...

December 18, 2018Mark J. Mazur

: TaxVox

Why Tax Reform Flounders: The Case Of Doubling The Standard Deduction

Do you want to know why tax reform is so hard ? Consider one seemingly simple idea that has been floated by President Trump and...

November 1, 2017C. Eugene Steuerle

: TaxVox

Come The Flood, Who Should Pay To Help?

Hurricane Harvey’s historic flooding has brought out the best in many people. They have put their lives in danger to save strangers, shared their food,...

September 5, 2017C. Eugene Steuerle

Individual Taxes: TaxVox

What’s so funny about taxes, love, and solidarity?

A couple of weeks ago I donated six cases of water to our neighbors in Flint, Michigan . I’m not alone. In an outpouring of love and solidarity for a city that’s been stuck with poisoned tap water for two years, average Americans and big-name celebrities from across the country have donated

February 2, 2016Renu Zaretsky