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If there were no longer any tax advantages, would people still make charitable d

  1. pagesvoice profile image85
    pagesvoiceposted 5 years ago

    If there were no longer any tax advantages, would people still make charitable donations?

    I'm certain that middle class Americans would still make contributions to charity because of their children's activities with clubs and organization. However, would the wealthy still act as philanthropists if there we no tax advantages for donating?

  2. profile image0
    Sooner28posted 5 years ago

    I think the numbers would probably go down, because there would be no way to get the money back.  I'm against raising revenue by lowering charitable deductions.  I think we should keep this part of the system the way it is. 

    Considering corporations around the world are systematically destroying our environment, I have no faith that they would continue to donate at current levels if there is no tax incentive.  It's all about PR.  Make your charitable contribution from .5% of your profits, and since your profits are so huge it looks like you are being generous. 

    The whole system needs to be restructured, and this does not include lowering the tax burden of corporations and raising the tax burden of middle and lower class Americans by "eliminating deductions," which are rarely ever specifically laid out.

  3. bankscottage profile image97
    bankscottageposted 5 years ago

    Everyone that makes a donation to a charity does not itemize their tax deductions.  In fact, I believe most people don't itemize.  The donations from these people would not change.  For the taxpayers that itemize, if they couldn't deduct their charitable donations, I don't know if thedonations would go down but there could be some changes.
    I itemize and I donate quite a bit each year.  Some of my donations are small and some are relatively large.  if I couldn't itemize, I would at least be more selective in my donations.  While I may not decrease my donations, I doubt I would increase them.

  4. genuineaid profile image67
    genuineaidposted 5 years ago

    If the person is donating from the heart as his/her offering before God, than taxes will never have any impact on their decisions.