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A comment on IRS records reveal how the wealthiest avoid income tax. Parent comment

Re:IRS records reveal how the wealthiest avoid income tax by bradleyjg on Tuesday June 08, 2021 @08:51AM (#27434461)
A tax deduction is essentially a matching grant from the rest of the tax payers. I don’t know that I’m totally opposed to the idea, but it’s ripe for abuse and conceptually difficult to fully define in such a way as to eliminate any possibility of such abuses.

Why not instead have people donate their own money to causes they believe in, and have no matching grants?

[ Parent | on HN ]
Re:IRS records reveal how the wealthiest avoid income tax by lotsofpulp on Tuesday June 08, 2021 @09:57AM (#27435282)
That is exactly the reason to be opposed to them. There’s zero reason for them to exist, other than to enable corruption and enabling a way to direct your taxes towards your own tribe (churches, synagogue, etc) rather than the public as a whole.
[ Parent | on HN ]