Idea: Tax Deduction For Volunteer WorkSubmitted by Alliance With None on Wed, 01/22/2014 - 05:14
How about a movement to institute a tax deduction for volunteer work.
There are deductions for charitable contributions in the form of cash or even a bag of clothes to the Goodwill Store. So why not some deduction for one's time given to charity?
I think it would be a sympathetic cause. Rich people have money to give. What people with less money often have to give is time. And of course time is money.
As this would be a deduction for the poor and the middle class, and would reward those who give back to their communities, I think it could have broad appeal to those of all political persuasions.
What do you think? Anyone interested in helping to push for such a deduction?