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factsarenotfair

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6. I don't think that eliminating or limiting the charitable deduction would

Mon Dec 10, 2012, 06:07 AM

Dec 2012

have a major impact on REAL charitable giving.

"...
The online fundraising platform give2gether cites the top 16 reasons that people give, and none of them has to do with tax savings. Topping the list are the ability to feel involved in something worthwhile, a sense of compassion, recognition for doing something good, and (in households where giving is ingrained) the desire to follow in their parents’ footsteps. Here’s another list of reasons that people give. Tax savings makes the cut at No. 6 but still is overwhelmed by intrinsic rewards.
..."
Read more: http://business.time.com/2012/12/07/why-limiting-the-charity-tax-deduction-wont-destroy-charities/#ixzz2Edrnv0Lu

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Charities fight possible changes on tax deductions [View all] TomCADem Dec 2012 OP

Good point creeksneakers2 Dec 2012 #1

It is my understanding that our current SheilaT Dec 2012 #2

It will hurt a lot of charities, hollysmom Dec 2012 #3

got to get rid of the charity deduction, helps the middle class and subseqently the poor. olddad56 Dec 2012 #4

Rule #1: Disregard anything that comes out of a GOP mouth. ReRe Dec 2012 #5

I don't think that eliminating or limiting the charitable deduction would factsarenotfair Dec 2012 #6

I agree. Deductibility over-rated. thesquanderer Dec 2012 #7

For example, the rest of us subsidize Bill Gates' "charitable" introduction of GMO agriculture into factsarenotfair Dec 2012 #8