Dealing with the “80/20” rule: Why not take all of me?
The athletic seating deduction/counting issue arising from the recently passed tax legislation disallows 80% of the tax-deductible “gift.” This means athletic departments now require individuals to pay for the privilege of purchasing season tickets.
Who Does Giving Benefit the Most?
According to The Washington Post’s Wonkblog, subsidizing giving through tax deductions benefits the rich but ends up costing charities and the government.
