Give Donors a Tax Credit

Satel and Viard discuss the mechanics of providing generous federal tax credit to kidney donors as well as the degree to which it might boost supply. They propose a $50,000 federal tax credit for living donors willing to save the life of a stranger by donating a kidney, and a $5,000 federal tax cred...

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Bibliographic Details
Published in:Regulation (Washington. 1977) 2022-06, Vol.45 (2), p.36-37
Main Authors: Satel, Sally, Viard, Alan D
Format: Article
Language:English
Subjects:
Blood & organ donations
Forecasts and trends
Kidneys
Laws, regulations and rules
Management
Organ donors
Tax credits
Taxation
Transplantation of organs, tissues, etc
Online Access:Get full text
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Summary:Satel and Viard discuss the mechanics of providing generous federal tax credit to kidney donors as well as the degree to which it might boost supply. They propose a $50,000 federal tax credit for living donors willing to save the life of a stranger by donating a kidney, and a $5,000 federal tax credit for deceased donors of kidneys, intestines, pancreases, livers, and lungs. The credit would be refundable in cash for people who do not owe income tax, and it would not be phased out at high income levels. There would be no change in the National Organ Transplant Act's restriction on payments by organ recipients and other private individuals and organizations; it would still be illegal for recipients to buy organs. The credit would be available only for a qualified donation in which the donors' kidneys would be distributed to people on the waiting list. People who want to donate a kidney to a relative or other specific person would not receive the tax credit.
ISSN:0147-0590
1931-0668