For example, a taxpayer in the 25 percent marginal tax...
For example, a taxpayer in the 25 percent marginal tax bracket would save $250 in taxes by making a $1,000 contribution. However, as Dan explained, although the federal government will lose $250 in tax revenue there is $1,000 going to benefit hurricane victims that the government doesn't have to spend. Put differently - the taxpayer, the federal government and the victims of hurricanes Katrina and Rita all win.
![James Wittenbach Quote About Although, Benefit, Bracket, Dan, Example: For Example A Taxpayer In...](http://qt.azureedge.net/resources/quotes-images-large/for-example-a-taxpayer-in-the-25-percent-marginal-tax-bracket-would-save-250-in-2f611ff3140d5cf9c82f3d217b7fcde6.jpg)