Post by Sapphire Capital on Oct 13, 2008 21:04:52 GMT 4
From the Greedy to the Needy
Wendy C. Gerzog
University of Baltimore - School of Law
Oregon Law Review, Forthcoming
Abstract:
In some instances when the taxpayer makes a charitable donation, the loss of revenue to the government far exceeds the benefit to the charity. The government's loss derives from government sanctioned complex transactions and even government created devices. This article analyzes various charitable donations in terms of the dollars gained by the taxpayer, the dollars lost by the government, and the dollars received by the charity. After considering a sliding scale of benefits to the charities in light of the revenue losses to the government and taxpayer gains, the article makes some normative conclusions about whether the good a donor does justifies his currently available tax benefits and proposes some solutions.
papers.ssrn.com/sol3/papers.cfm?abstract_id=1268825
Wendy C. Gerzog
University of Baltimore - School of Law
Oregon Law Review, Forthcoming
Abstract:
In some instances when the taxpayer makes a charitable donation, the loss of revenue to the government far exceeds the benefit to the charity. The government's loss derives from government sanctioned complex transactions and even government created devices. This article analyzes various charitable donations in terms of the dollars gained by the taxpayer, the dollars lost by the government, and the dollars received by the charity. After considering a sliding scale of benefits to the charities in light of the revenue losses to the government and taxpayer gains, the article makes some normative conclusions about whether the good a donor does justifies his currently available tax benefits and proposes some solutions.
papers.ssrn.com/sol3/papers.cfm?abstract_id=1268825