It is like taking money from your one pocket and putting it in your other pocket and getting a tax break for doing it.

The foundation grows tax free and you can still control it. Have the foundation hire your kids and send them on "fact finding trips". Use it to perpetuate your good name. Do favors for others and have them contribute. Contribute to other's causes and have them do favors for you. Let's do away with this and have them pay tax.