Budgeting for charity: A new way for the government to encourage giving
- Written by Alyssa A. DiRusso, Professor of Law, Samford University
A proposed charitable law could simulate this sea of piggy banks.Jakub Krechowicz/Shutterstock.comU.S. tax laws can subsidize charitable giving by the wealthy, through the charitable deduction, especially following changes that took effect in 2018. But many Americans who are middle class and working class also give some of their money away.
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