I'm wondering then, would we not see in tax planning instead...? A person who is looking at giving that year—he has $100,000 he'll donate to charities or he can give land. Now, if he sells the land and gives it to you, he'll pay 50% tax, or he can just give you the $100,000. Won't you just see substitution in tax planning? It doesn't necessarily increase the money given, but just on what type of giving actually happens.
On February 7th, 2012. See this statement in context.