Nonprofit organizations engage in a range of income-producing activities: Universities charge tuition, hospitals collect fees, and social-service organizations enter into government contracts. To the extent that an activity is "substantially related" to the organization's tax-exempt purpose, the...
Senior Fellow Eugene Steuerle explains why it makes sense to extend the charitable deduction to the time of filing a tax return, in much the same way as applies to deposits to individual retirement accounts (IRAs) and to certain pensions of self-employed persons (Keogh plans).
Senior Fellow Eugene Steuerle suggests that there are three major features of the U.S. multi-tiered tax structure that together reveal a fundamental distrust of "bigness:" (1) the graduated rate structure in the individual income tax; (2) the corporate income tax; and (3) the estate and gift tax...
Senior Fellow Eugene Steuerle examines the implications of a Clinton Administration proposal to add a charitable tax deduction for non-itemizers, revealing how the proposal adds an unnecessary complications to the tax code.
Senior Fellow Eugene Steuerle discuss how the extension of a charitable deduction to nonitemizers, if designed carefully, can increase giving moderately, while avoiding losses in revenues, increases in administrative burdens for taxpayers, and compliance problems for the IRS.
Senior Fellow Eugene Steuerle discusses his concern with foundation payout rates. He finds that the current formula for payouts--and the way it is applied by foundations--faces a new danger not entirely unrelated to the old one. That is, in following a stock market cycle, giving can easily run...
Senior Fellow Eugene Steuerle suggests that while the debate is proceeding over the rules governing foundations and charitable organizations, the long-term interests of the charitable community, as well as mutual funds, community foundations, and others offering donor-advised funds, would be...
Senior Fellow Eugene Steuerle argues that the expansion of donor-advised funds through the mutual fund industry will probably succeed only if the public feels confident that new abuses of charitable giving will not arise.
Senior Fellow Eugene Steuerle considers the future of the single business tax--it could unwind only over a long period of time. He suggests that any expansion is likely to go hand-in-hand with a reduced reliance on other taxes. It could give states more elastic and stable tax sources. At the...
The Unrelated Business Income Tax: All Bark and No Bite?
Nonprofit organizations engage in a range of income-producing activities: Universities charge tuition, hospitals collect fees, and social-service organizations enter into government contracts. To the extent that an activity is "substantially related" to the organization's tax-exempt purpose, the...
An Option to Increase Charitable Giving and Reduce Current Taxes
Senior Fellow Eugene Steuerle explains why it makes sense to extend the charitable deduction to the time of filing a tax return, in much the same way as applies to deposits to individual retirement accounts (IRAs) and to certain pensions of self-employed persons (Keogh plans).
Private Pension Reform
Senior Fellow Eugene Steuerle describes the forces for private pension reform.
Taxing 'Bigness'
Senior Fellow Eugene Steuerle suggests that there are three major features of the U.S. multi-tiered tax structure that together reveal a fundamental distrust of "bigness:" (1) the graduated rate structure in the individual income tax; (2) the corporate income tax; and (3) the estate and gift tax...
Charity Deduction for Nonitemizers: Where Do You Draw the Line?
Senior Fellow Eugene Steuerle examines the implications of a Clinton Administration proposal to add a charitable tax deduction for non-itemizers, revealing how the proposal adds an unnecessary complications to the tax code.
Right Way to Extend Charitable Deductions to Nonitemizers, The
Senior Fellow Eugene Steuerle discuss how the extension of a charitable deduction to nonitemizers, if designed carefully, can increase giving moderately, while avoiding losses in revenues, increases in administrative burdens for taxpayers, and compliance problems for the IRS.
Foundation Giving: Will it Follow the Bubble Economy?
Senior Fellow Eugene Steuerle discusses his concern with foundation payout rates. He finds that the current formula for payouts--and the way it is applied by foundations--faces a new danger not entirely unrelated to the old one. That is, in following a stock market cycle, giving can easily run...
Just What Do Charitable Endowments, Advised Funds, and the Mutual Fund Industry Provide? - Part 2 of 2
Senior Fellow Eugene Steuerle suggests that while the debate is proceeding over the rules governing foundations and charitable organizations, the long-term interests of the charitable community, as well as mutual funds, community foundations, and others offering donor-advised funds, would be...
Just What Do Charitable Endowments, Advised Funds, and the Mutual Fund Industry Provide? - Part 1 of 2
Senior Fellow Eugene Steuerle argues that the expansion of donor-advised funds through the mutual fund industry will probably succeed only if the public feels confident that new abuses of charitable giving will not arise.
Will the Single Business Tax Catch On?
Senior Fellow Eugene Steuerle considers the future of the single business tax--it could unwind only over a long period of time. He suggests that any expansion is likely to go hand-in-hand with a reduced reliance on other taxes. It could give states more elastic and stable tax sources. At the...