Taxes, social policy and philanthropy: The untapped potential of middle-and low-income generosity

Bullock explores the profound influence of the tax code on philanthropic behavior in Canada, emphasizing how current policy frameworks disproportionately benefit high-income donors. The article argues for significant policy reforms to incentivize and formally recognize charitable giving among middle- and low-income populations, thereby unlocking a broader potential for civic engagement and financial contributions. It highlights the need for a tax system that encourages generosity across all income brackets, promoting a more inclusive and robust philanthropic landscape within Canadian society.