TaxVox: Charitable giving

Could A Redesigned Tax Deduction Help More People Feel Good About Charitable Giving?

January 8, 2020 –

Tax incentives appear to encourage giving, but by discouraging taxpayers from itemizing deductions, the Tax Cuts and Jobs Act (TCJA) left nearly 9 of every 10 households without that nudge. Policymakers could correct this by allowing people to deduct at least some of their charitable gifts of sufficient size, even if the taxpayer doesn’t itemize.

Can One Think Charitably About The Bryce Harper Deal?

April 29, 2019 –

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...

Individual Taxes

A good volunteer is hard to find. Could tax policy make it easier?

April 3, 2019 –

Should we use tax policy as a lever to encourage gifts of time, as well as money?

TPC Is Improving Its Modeling Of Five Tax Expenditures

December 18, 2018 –

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,...

Individual Taxes

For charitable giving, ’tis the season… But will it still be, post-TCJA?

December 5, 2018 –

Is feeling good, for goodness’ sake, the only reason we give to charities?

Individual Taxes

Will The TCJA Upend The Non-Profit World?

October 22, 2018 –

The Tax Cuts and Jobs Act (TCJA) significantly changed the nature of the tax deduction for charitable donations. But will it transform giving itself and...