Flat Tax Not Bad for Charity, Election Guide Argues
January 27, 2000 | Read Time: 1 minute
An election-year briefing book for Presidential and other candidates, to be published by the conservative Heritage Foundation, says that adoption of a flat tax in place of the current income tax would not dampen charitable giving, even if taxpayers could no longer take deductions for charitable contributions.
“The faster growth and higher incomes brought about by a tax reform today would boost the level of charitable giving, not reduce it,” says a chapter on taxes in the book, Issues 2000. Claims to the contrary by “Washington-based lobbying groups” that represent charities are probably “groundless,” the book says.
The chapter, “Taxes: Reforming the System to Make It Simple and Fair,” is available on Heritage’s Web site: http://www.heritage.org/issues/chap2.html.