Private Contributions to Public Goods Reduce Fiscal Burdens and Improve Welfare.
Private contributions to public goods can help reduce the financial burden on the government. By encouraging individuals to donate through tax incentives, the private sector can play a significant role in providing public services. A study on Canadian tax policies shows that people are more likely to donate to charity when tax incentives are increased. This shows that private contributions can be an effective way to support public goods and services.