Federal Tax Policy and Charitable GivingUniversity of Chicago Press, 01 դեկ, 2007 թ. - 329 էջ The United States is distinctive among Western countries in its reliance on nonprofit institutions to perform major social functions. This reliance is rooted in American history and is fostered by federal tax provisions for charitable giving. In this study, Charles T. Clotfelter demonstrates that changes in tax policy—effected through legislation or inflation—can have a significant impact on the level and composition of giving. Clotfelter focuses on empirical analysis of the effects of tax policy on charitable giving in four major areas: individual contributions, volunteering, corporate giving, and charitable bequests. For each area, discussions of economic theory and relevant tax law precede a review of the data and methodology used in econometric studies of charitable giving. In addition, new econometric analyses are presented, as well as empirical data on the effect of taxes on foundations. While taxes are not the most important determinant of contributions, the results of the analyses presented here suggest that charitable deductions, as well as tax rates and other aspects of the tax system, are significant factors in determining the size and distribution of charitable giving. This work is a model for policy-oriented research efforts, but it also supplies a major (and very timely) addition to the evidence that must inform future proposals for tax reform. |
Բովանդակություն
| 1 | |
2 Contributions by Individuals Estimates of the Effects of Taxes | 16 |
3 Contributions by Individuals Simulating the Effects of Tax Policies | 100 |
4 Volunteer Effort | 142 |
5 Corporate Contributions | 171 |
6 Charitable Bequests | 222 |
7 Foundations | 253 |
8 Charitable Giving Behavior and the Evaluation of Tax Policy | 273 |
Appendix C | 291 |
Appendix D | 293 |
Appendix E | 295 |
Appendix F | 299 |
Appendix G | 300 |
References | 301 |
| 315 | |
| 317 | |
Այլ խմբագրություններ - View all
Common terms and phrases
adjusted aggregate amount analysis assets basic behavior bequest giving billion Boskin butions calculated cash flow charitable bequests charitable contributions charitable deduction charitable giving charitable organizations Clotfelter coefficient contri corporate contributions corporate giving decedents discussed distribution dollars donations donors economic effects of tax equation estate tax expenditures Feldstein 1975a firms Gallup Organization gifts households implies important incentive included income effect income elasticities income tax increase indifference curves Internal Revenue Service itemized deductions Logarithms marginal rate marginal tax rate measure net income net wage nonitemizers percent Percentage present price and income price effect price elasticity price of giving private foundations religious sample simulations Source standard deduction Statistics of Income Study of Philanthropy substitution effect suggests survey tax changes tax credit tax liability tax policy tax provisions Tax Returns tax schedule tax treatment taxable income taxpayers tions U.S. Congress U.S. Internal Revenue variables volunteering