The U.S. tax code allows taxpayers to deduct the value of charitable contributions from their taxable income. Explain if this is an example of an incentive, and what effect this policy is likely to have on the amount of charitable contributions in the United States.

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The Answer of The U.S. tax code allows taxpayers to deduct the value of charitable contributions from their taxable income. Explain if this is an example of an incentive, and what effect this policy is likely to have on the amount of charitable contributions in the United States.

The US Tax Code Allows Taxpayers to Deduct the Value of of Charitable