estate tax and income tax are different

Reader comment on: David Koch on Taxes and Ballet

Submitted by ben (United States), May 17, 2010 11:14

Why would changes to the estate tax and income tax behave differently with regards to charitable giving. You have a bit of a bait-and-switch here. Koch specifically refers to income and capital gains taxes, but then you mention the non-profit group discussing estate taxes. It would make sense that these taxes affect giving differently.

Note: Comments are moderated by the editor and are subject to editing.

The Future of Capitalism replies:

I don't see why it'd be different. With estate tax you either give away the money while you are alive or the government gets it when you die, with less left over for heirs. With income tax with you either give away the money this year or the government gets it at the end of the year.

Submit a comment on this article

Other reader comments on this item

Title By Date
Dittos on Your Comments [57 words]JuddMay 17, 2010 17:43
⇒ estate tax and income tax are different
[w/response] [54 words]		benMay 17, 2010 11:14
↔ Not the same.
[w/response] [167 words]		benMay 17, 2010 12:55
↔ Put another way
[w/response] [74 words]		benMay 17, 2010 15:34
↔ It would be to a point
[w/response] [468 words]		benMay 17, 2010 20:54
↔ Let's go with the 90% on the estate tax
[w/response] [271 words]		benMay 17, 2010 22:43
↔ I have seen the light
[w/response] [104 words]		benMay 18, 2010 08:25

Comment on this item

Mark my comment as a response to estate tax and income tax are different by ben

Email me if someone replies to my comment

Note: Comments are moderated by the editor and are subject to editing.