Half of Wealthy Americans Say Taxes Don't Affect Their Giving, Study Finds

Nearly 52 percent of wealthy donors said their giving would remain the same if they no longer received any income-tax deduction for their donations, while 54 percent said their level of philanthropy would remain unchanged if the estate tax were repealed.

That said, a significant minority (47 percent) of people in the survey reported that they would give less if they could no longer claim a deduction for their charitable gifts. Of those respondents, 37 percent said their contributions would “somewhat decrease,” while 10 percent said their gifts would “dramatically decrease.”