Tax breaks for charity donations are a poor way to do good

Philanthropy is undoubtedly a force for good in the world. Evan Spiegel, a tech billionaire, and his wife have used their fortune to pay the medical debts of more than 260,000 Californians. People of modest means keep day centres and homeless shelters afloat by donating what they can. The warm glow that comes from giving makes everyone happier. Tax breaks for charity donations are a poor way to do good https://economist.com/finance-and-economics/2026/08/27/tax-breaks-for-charity-donations-are-a-poor-way-to-do-good from The Economist Best Regards, Lakshmi and Seetha Ram

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