Reassessing the Tax-Favored Status of the Charitable Deduction for Gifts of Appreciated Assets
A study on how the tax-favored status of charitable donations of appreciated property affects charitable behavior. Finds that only wealthy donors (whose positive income exceeds $200,000) are responsive to the tax incentive, and argues that the tax incentives should be reassessed.
O'Neil, Cherie J., Steinberg, Richard S., and Thompson, G. Rodney (1996), Reassessing the Tax-Favored Status of the Charitable Deduction for Gifts of Appreciated Assets, National Tax Journal, 49:2, pp. 215-33
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