Describe how this practice could impact legitimate charities

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Question - "Other Tax Planning" Please respond to the following:

If there were no limitations on deductible amounts or any restrictions on political contributions, analyze how this would impact a taxpayer's decision to make contributions to political candidates. Suppose the IRS did not audit contributions. Predict the potential for abuse. Describe how this practice could impact legitimate charities.

Reference no: EM131840270

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