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by ars 2097 days ago
> that money _would_ have been local/state/federal money.

That isn't true, only a fraction of the money would have been taxed.

And that's exactly the point: We are incentivizing people to give 5 times as much money as taxes would have been.

If that money isn't allocated perfectly, well, there's 5 times as much of it, I think it'll be OK.

> The government ....

The government will never do a perfect job, this way we let people fill in the gaps.

> they've given you the ability to appropriate government funds.

You keep talking as if they deduct the full amount donated from taxes, this is simply not true.

2 comments

You've got a point. My argument was misunderstood.
The high marginal tax rate is 40+% not 20%.
The marginal tax rate is the wrong figure, you want to total tax rate.