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I think the primary purpose of charity is helping other less fortunate souls. The tax deduction is secondary. At least in my point of view. So, no. People will still give. And probably more since the payment of taxes is gone.
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You're reading If all USA income taxes were eliminated, do you think that charitable donations would be drastically reduced, simply because they would no longer be "tax deductible," and the incentive to lower one's tax obligation would be simultaneously eliminated?
Comments
I disagree, but I admire your attitude and optimism.
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+6 for your response.
by Anonymous on November 10th, 2009
Do you give because of the tax deduction? Oh no, not the great Mensan that I perceive. I see you as an intelligent, religious man. Not as a tax conscious individual.
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But I gather you were referring to society as a whole. Then that is debatable, I agree.
by HoboJoe on November 10th, 2009
You are right about me. I would give, whether or not there was a tax deduction.
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I was referring to society, as a "hole."
by Anonymous on November 10th, 2009