Quote:
Originally Posted by para transit fellow
I don't think it will be a big issue.
Working in the charity sector, I found very few donors even knew about the Alberta Charity donation tax credit. People decide to donate because they believe in the cause, the amount of the charitable credit usually is secondary.
|
While it may discourage some donations, on a whole I agree with you and I don't think it will discourage that much. Most people don't make charitable donations for the tax credit, sure it's nice but it's not the sole driver of donations.
The big problem for charities will be the down turn in the economy and less people with income rather than the decrease in charitable giving tax credits.