Without the incentives offered by federal income tax laws, at least some wealthy individuals would not donate as much money to charitable and educational institutions as they otherwise would have.

Money contributed by individuals who make their donations because of provisions in the federal tax laws provides the only source of funding for many charitable and educational institutions.

The primary reason for not adopting the proposed change in the federal income tax laws cited above is to protect wealthy individuals from having to pay higher taxes.

Wealthy individuals who donate money to charitable and educational institutions are the only individuals who donate money to such institutions.

Income tax laws should be changed to make donations to charitable and educational institutions the only permissible deductions from taxable income.