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Putting aside the way these figures are calculated (addressed in sibling comments), I'm always surprised at the lack of interrogation of the charitable contribu
by whakim 5y ago
Putting aside the way these figures are calculated (addressed in sibling comments), I'm always surprised at the lack of interrogation of the charitable contribution deduction in these conversations. The way that the tax code is currently structured, everyone who doesn't itemize their deductions effectively subsidizes the charitable preferences of the ultra-wealthy. If we wanted to promote charitable giving in a more equitable manner, why not simply eliminate the charitable deduction entirely and then use all the extra revenue to give each individual a "charity voucher" which they could donate to a charitable organization of their choosing?