In Defense of Charitable Tax Deductions
Oct. 2nd, 2007 08:33 amCheryl passes on to me this article from The Economist about an attack on the tax deduction for charitable giving. ( Tax neepery about fannish non-profits follows )
As you might expect, I would be strongly opposed to removing the charitable tax deduction or to significantly narrowing the definition of what a "charity" is. I like the American system, and I think that saying "only donations to the poor are worthy," is a step down a slippery slope that leads to removing the deduction entirely and saying, "Only the government can choose what is really worth of public support." While the tax deduction (which I have sometimes taken) isn't my primary motivation for my volunteer work with fandom, I believe that removing the deduction would have a chilling impact on charitable giving of all sorts.
As you might expect, I would be strongly opposed to removing the charitable tax deduction or to significantly narrowing the definition of what a "charity" is. I like the American system, and I think that saying "only donations to the poor are worthy," is a step down a slippery slope that leads to removing the deduction entirely and saying, "Only the government can choose what is really worth of public support." While the tax deduction (which I have sometimes taken) isn't my primary motivation for my volunteer work with fandom, I believe that removing the deduction would have a chilling impact on charitable giving of all sorts.