Linda Sugin was quoted in a Chronicle of Philanthropy article about the possible impact of current tax rates.
The lower corporate rate factors very little into giving decisions, according to Linda Sugin, associate dean at the Fordham University School of Law. The recent spate of corporate gifts, she said, is more of a public-relations “gambit” than a response to the lower tax rate.
“Corporations make contributions to charity because they think it’s going to be good for the bottom line. The marginal rate of tax isn’t really going to change that,” she says. “Corporations are not generous.”
