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Andrew Hayashi

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A Charitable-Giving Tax Credit Could Shift the Balance of Philanthropic Power Away From the Wealthy

A Charitable-Giving Tax Credit Could Shift the Balance of Philanthropic Power Away From the Wealthy

If low- and middle-income households received a refundable tax credit for donating to charity, more people would engage in civic life and the nonprofit world would be forced to refocus its priorities on those who don’t itemize their tax deductions.