"In 2000, roughly two-thirds of American households gave to a charitable organization. In 2018, just under half of American households did. In other words, about 20 million Americans had stopped giving."
Nowhere in the article does it mention the tax changes of 2017:
"The Tax Cuts and Jobs Act (TCJA) made major changes that discourage charitable giving relative to under prior tax law. It lowers individual income tax rates, thus reducing the value and incentive effect of all tax deductions. It increased the standard deduction to $12,000 for singles and $24,000 for couples, capped the state and local tax deduction at $10,000, and eliminated other itemized deductions—steps that significantly reduced the number of itemizers and hence the number of taxpayers taking a deduction for charitable contributions. The new law also roughly doubled the estate tax exemption to $11 million for singles and $22 million for couples, which discourages tax-motivated charitable bequests by some very wealthy households.
The Urban-Brookings Tax Policy Center estimates that TCJA shrunk the number of households claiming an itemized deduction for their charitable gifts from about 37 million to about 16 million in 2018, and reduced the federal income tax subsidy for charitable giving by one-third—for instance, from about $63 billion to roughly $42 billion in 2018."
Nowhere in the article does it mention the tax changes of 2017:
"The Tax Cuts and Jobs Act (TCJA) made major changes that discourage charitable giving relative to under prior tax law. It lowers individual income tax rates, thus reducing the value and incentive effect of all tax deductions. It increased the standard deduction to $12,000 for singles and $24,000 for couples, capped the state and local tax deduction at $10,000, and eliminated other itemized deductions—steps that significantly reduced the number of itemizers and hence the number of taxpayers taking a deduction for charitable contributions. The new law also roughly doubled the estate tax exemption to $11 million for singles and $22 million for couples, which discourages tax-motivated charitable bequests by some very wealthy households.
The Urban-Brookings Tax Policy Center estimates that TCJA shrunk the number of households claiming an itemized deduction for their charitable gifts from about 37 million to about 16 million in 2018, and reduced the federal income tax subsidy for charitable giving by one-third—for instance, from about $63 billion to roughly $42 billion in 2018."
-- https://www.taxpolicycenter.org/briefing-book/how-did-tcja-a...
If you subsidize something, you get more of it. If you stop subsidizing something, you get less of it. Hard to take the rest of the article seriously.