[Foundation-l] Fwd: The question of tax-deductible donations

[Ray Saintonge]

Gregory Maxwell wrote:
> On 10/24/07, Sebastian Moleski <sebmol at gmail.com> wrote:
>   
>> This incentive of course gets stronger the higher the individual tax rate
>> is. The top tax rate in the United States in 2006 was 35% but you had to
>> make at least $336,551 to fall into that bracket
>>     
> *nit: Thats also the number for the whole household income of married
> couple filing jointly, so it's arguable to half that number.
>   
The number is also used for single filing.  It's only halved for married 
filing separately.  The other thing that needs to be factored in at that 
level is the clawback on deductions and exemptions.

Ec