[faithhopecharity]

The moment the contributor receives a state tax credit for his contribution, that credit amount has to be deducted from his contribution amount and then it’s only the NET charitable contribution that may be federally deducted. In other words, zero fed deduction under this proposed silly scheme. This has been fed tax law for longer than I can remember. All the Sacramento political hacks are doing is political posturing. They can’t save their taxpayer/contributors one red cent this way and they know it.

[867V309]

The moment the contributor receives a state tax credit for his contribution, that credit amount has to be deducted from his contribution amount and then it’s only the NET charitable contribution that may be federally deducted.

Finally, a sane analysis of this idiot scheme.

[Hardastarboard]

And the IRS has this neat little trick they use called "collapsing the transaction". In general they don't care about the form of the transaction (who does what with who's money). What they care about is the end result.

That approach keeps my employer from making a charitable donation to my "charity", who then donates the money to me, so that everyone gets a tax free income / deduction. I'm sure that, being politicians, they are by definition too stupid to understand that.