Why do we have tax breaks on donations?
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Description
In this episode we explore the way that philanthropic donations are taxed. Why do so many governments around the world choose to offer tax breaks for charitable giving? What is the history behind this? How are tax breaks for philanthropy designed and implemented, and are they effective? Including:What are the possible theoretical justifications for a government choosing to offer tax breaks on philanthropy?What are the tax base rationale, the subsidy rationale and the pluralism rationale; and ...
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