Federal tax policy and charitable giving / Charles T. Clotfelter.

Format:

Book

Author/Creator:

Clotfelter, Charles T.

Series:

National Bureau of Economic Research monograph.

National Bureau of Economic Research monograph

Language:

English

Subjects (All):

Charitable bequests--United States--Mathematical models.

Charitable bequests.

Corporations--Charitable contributions--United States--Mathematical models.

Corporations.

Income tax deductions for charitable contributions--United States--Mathematical models.

Income tax deductions for charitable contributions.

Voluntarism--United States--Mathematical models.

Voluntarism.

Physical Description:

1 online resource (xii, 321 pages) : illustrations

Edition:

1st ed.

Place of Publication:

Chicago : University of Chicago Press, 1985.

Language Note:

English

Summary:

The United States is distinctive among Western countries in its reliance on nonprofit institutions to perform major social functions. This reliance is rooted in American history and is fostered by federal tax provisions for charitable giving. In this study, Charles T. Clotfelter demonstrates that changes in tax policy-effected through legislation or inflation-can have a significant impact on the level and composition of giving. Clotfelter focuses on empirical analysis of the effects of tax policy on charitable giving in four major areas: individual contributions, volunteering, corporate giving, and charitable bequests. For each area, discussions of economic theory and relevant tax law precede a review of the data and methodology used in econometric studies of charitable giving. In addition, new econometric analyses are presented, as well as empirical data on the effect of taxes on foundations. While taxes are not the most important determinant of contributions, the results of the analyses presented here suggest that charitable deductions, as well as tax rates and other aspects of the tax system, are significant factors in determining the size and distribution of charitable giving. This work is a model for policy-oriented research efforts, but it also supplies a major (and very timely) addition to the evidence that must inform future proposals for tax reform.

Contents:

Front matter

National Bureau of Economic Research

Relation of the Directors to the Work and Publications of the National Bureau of Economic Research

Contents

Preface

1. Tax Policy and Support for the Nonprofit Sector: An Overview

2. Contributions by Individuals: Estimates of the Effects of Taxes

3. Contributions by Individuals: Simulating the Effects of Tax Policies

4. Volunteer Effort

5. Corporate Contributions

6. Charitable Bequests

7. Foundations

8. Charitable Giving Behavior and the Evaluation of Tax Policy

Appendix A. Description of Pooled Data Set for Individual Contributions

Appendix B. Means, Estimated Coefficients, Variances, and Covariances for Individual Giving Equations, I975

Appendix C. Volunteering and Giving in a Simple Model of Individual Behavior

Appendix D. Description of National Study of Philanthropy and Related Transformations

Appendix E. Calculation of Marginal Tax Rates on Corporate Income

Appendix F. Top Marginal Tax Rates on Corporate Net Income, 1936-77

Appendix G. Comparison of Aggregate Tax-Rate Variables

References

Author Index

Subject Index

Notes:

Description based upon print version of record.

Includes bibliography and indexes.

ISBN:

9786611223229

9781281223227

1281223220

9780226110615

0226110613

OCLC:

268793711