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Discussion and Debate
Discussion and Debate
Ethics & Morality
Tax Break for Organ Donors?
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<blockquote data-quote="jayem" data-source="post: 60619513" data-attributes="member: 8344"><p>Current estate taxes really don't affect that many persons. Only the amount over $5 million is subject to federal estate taxes. Not many potential organ donors have estates that large. (And a spouse gets an unlimited exemption, no matter how big the estate.) Although, the current law expires at the end of this year. If it isn't renewed, anything over $1,000,000 will be taxed. Which will affect more families. But with good estate planning--especially setting up living trusts--estate taxes can be avoided. Maybe giving a tax credit to living donors might increase the supply of kidneys, bone marrow, and lung and liver tissue available.</p></blockquote><p></p>
[QUOTE="jayem, post: 60619513, member: 8344"] Current estate taxes really don't affect that many persons. Only the amount over $5 million is subject to federal estate taxes. Not many potential organ donors have estates that large. (And a spouse gets an unlimited exemption, no matter how big the estate.) Although, the current law expires at the end of this year. If it isn't renewed, anything over $1,000,000 will be taxed. Which will affect more families. But with good estate planning--especially setting up living trusts--estate taxes can be avoided. Maybe giving a tax credit to living donors might increase the supply of kidneys, bone marrow, and lung and liver tissue available. [/QUOTE]
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Tax Break for Organ Donors?
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