The general conversation about whether charitable giving should be a write off is an interesting one; but part of the benefit is the giving is significantly higher than the taxes the State loses out on.
Can a charity spend $1,000,000 more wisely than the state can spend the ~$400k in taxes they didn't get?
Overall I'd say it's probably a wash.
Can a charity spend $1,000,000 more wisely than the state can spend the ~$400k in taxes they didn't get?
Overall I'd say it's probably a wash.