Here is the synopsis of our sample research paper on THE ESTATE TAX AND CHARITABLE GIVING AND ITS IMPACT ON NONPROFITS. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 9-page paper (including outline) describes the potential effect of legislation on the estate tax and contribution to charitable giving. Bibliography lists 6 sources.
Page Count:
9 pages (~225 words per page)
File: D0_MTesttax.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
They believed that without the estate tax law, there would be no incentive for wealthy individuals to donate to nonprofits * Experts believe that the repeal shouldnt harm nonprofits
* Charitable giving might actually increase, because wealth will increase among donors II. Estate Tax and Charitable Giving: An Overview * Definition of estate tax: taxation of property
held by an individual at the time of his or her death. * Assets in an estate include any asset under control of or owned by an individual at the
time of his/her death * Decedents, in their wills, can provide assets to a nonprofit organization or charity through "charitable giving" III. Impact of Legislation on Nonprofits * Critics
of the estate tax believe that a repeal of the tax will mean more charitable giving * Some consider the estate tax as a "punishment" for wealth * Repeal of
the tax will mean more money available for giving * Opponents of the repeal believe motivation will no longer be there for wealthy people to give * Without the
tax, people are not quite so likely to be as charitable, as a tax shelter is no longer required * The tax provides a motivation for charitable giving upon death
* Research has shown that taxes or lack thereof dont make a difference in philanthropy IV. Conclusion The concern shouldnt be over the impact of the repeal of
the estate tax, as it doesnt seem to have hampered giving in any way. Rather, the concern among nonprofits should be to better explain their missions.
Introduction When President George Bush signed legislation to repeal the estate tax law, many nonprofits and charitable institutions were concerned, and for
...