How Charitable is the Charitable Contribution Deduction?

Yoram Margalioth*

*Corresponding author for this work

Research output: Contribution to journalReview articlepeer-review

1 Scopus citations

Abstract

Section 170 of the U.S. Internal Revenue Code is known as the "charitable contribution deduction." This Article explores the section's rationale as well as its effect on income/wealth distribution. It reaches the conclusion that the deduction can be justified on efficiency (mitigating the free-riding on public goods and asymmetric information problems) and democracy grounds, but is not "charitable," as its distributive effects are neutral or even regressive.

Original languageEnglish
Pages (from-to)37-60
Number of pages24
JournalTheoretical inquiries in law
Volume18
Issue number1
DOIs
StatePublished - Jan 2017

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