This article reviews the basic mechanisms of federal tax incentives, the current level, sources and recipients of charitable donations, and the estimated magnitude of the response to tax incentives. In addition, we discuss the possible effects of recent tax proposals on charitable giving. These proposals include changing the marginal rate structure, allowing taxpayers using the standard deduction to reduce taxable income by the amount of their contributions, and repealing the estate tax.
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Greene et al. (2001) studied this question.
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