TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

A Member of the Law Professor Blogs Network

Tuesday, April 9, 2013

Colinvaux: Rationale and Changing the Charitable Deduction

Tax AnalystsRoger Colinvaux (Catholic), Rationale and Changing the Charitable Deduction, 139 Tax Notes 1453 (Mar. 23, 2013):

There are two principal rationales for the charitable deduction. Depending upon choice of rationale, some tax reform changes are suggested and others are not. A base measurement rationale suggests eliminating the deduction for unrealized appreciation, keeping the benefit as a deduction and not a credit, not adopting caps or a nonitemizer deduction, and protecting the tax base by narrowing the class of organizations eligible to receive deductible contributions. A subsidy rationale, depending upon which strand is emphasized, might favor a more equitable tax benefit in the form of a credit or through caps or a nonitemizer deduction, and could lead to preferring some organizations over others. Both rationales are consistent with placing a floor under the deduction, and narrowing its scope. Present law presents a confusing mix of policies and priorities. Tax reform presents an opportunity to reconsider the role of the charitable deduction in the tax system and to act accordingly.  

All Tax Analysts content is available through the LexisNexis® services.

http://taxprof.typepad.com/taxprof_blog/2013/04/colinvaux-.html

Scholarship, Tax | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341c4eab53ef017d42974b96970c

Listed below are links to weblogs that reference Colinvaux: Rationale and Changing the Charitable Deduction:

Comments