Happy Birthday! The Charitable Deduction Turns 100
ASU Lodestar Center
OCTOBER 3, 2017
On June 28, 1914, political assassins killed Austria’s archduke and his wife, leading to the Austro-Hungarian invasion of Serbia and the beginnings of war across Europe. To provide some relief for these steep rates, the federal government provided ways for households to reduce their taxable income. The charitable deduction is a vital nexus between the general public, the nonprofit organizations they support, and government policy.