As most every tax practitioner in town makes their pitch on year-end tax planning to clients, research organization the Tax Foundation recently released a new report making an economic case against the federal deduction for charitable gifts.
According to "Charities and Public Goods: The Case for Reforming the Federal Income Tax Deduction for Charitable Gifts," few charities designated under the tax code actually provide services that wouldn't otherwise be supplied in the marketplace without a tax subsidy.
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