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 language | English |
|---|---|
| Pages (from-to) | 37-60 |
| Number of pages | 24 |
| Journal | Theoretical inquiries in law |
| Volume | 18 |
| Issue number | 1 |
| DOIs | |
| State | Published - Jan 2017 |
