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by mercutio2 1484 days ago
Huh? My marginal tax rate is ~45%. I get way more than a 20% benefit from 501c3 donations.

I get to avoid capital gains on the donation of appreciated assets on top of that.

For whom is the benefit only 20%?

1 comments

Long term capital gains tax is 15%. The vast majority of these are against capital gains, not income.